⭐ BTC Market Trend

The weekly chart for BTC has already shown a bearish signal at high levels, but it cannot be said to have completely reversed yet because the weekly close is still barely above 0.236, and with volume increasing on the rise and decreasing on the decline, it indicates that the bulls still have a chance for a counterattack.
On the daily chart, as we mentioned last Saturday, the 78,000 level is very important; a break below would mean the upward trend is essentially over. This morning, the price dipped to test the middle of the ascending channel, currently finding support, but after pulling back from the upper channel line, the high points are starting to move lower, and the short-term structure is gradually weakening.
Next key points to watch:
Resistance above: 78,300–79,400
Support below: 76,700–76,000
If broken, continue to watch: 74,800–73,700
Overall approach:
The bulls still have a chance for a rebound. If there is clear support around 76,000–76,700, consider going long, but this is a contrarian move, only with light positions. The market has already shown clear signs of weakening. The best strategy now is to wait for a rebound, and if it reaches around 78,300–79,400 and cannot break through, look for high-level shorting opportunities. Bulls will only have a chance to repair the daily structure if they can re-establish above 80,000. $BTC #加密市场下跌15万人爆仓