#TradFi交易分享挑战 BTC 4-hour cycle market analysis!

1. Establishment of a downtrend channel
The 4-hour timeframe clearly forms a descending resistance line, with highs decreasing sequentially. The current price is moving along the lower trendline, indicating that the bears hold a temporary advantage.
2. Key price levels
- Resistance above: 77,000 range (descending trendline + previous strong resistance level, first resistance on rebound)
- Support below: 73,200 range (core support during this correction, a break below would open up deeper decline space)

II. MACD indicator signals

- The 4-hour MACD red histogram has completely disappeared, DIF crosses below DEA forming a death cross, bearish momentum continues to be released, and the short-term downward inertia is strong.
- The indicator shows no signs of bullish divergence at the bottom, so it does not support directly buying the dip for a long position.

Bearish (main idea, follow the trend)

- Entry: Rebound to the 77,000 range with light short positions, stop loss at 77,500 range
- Target: 74,500 → support at 73,200 range
Bullish, entry: Rebound to the 74,500–73,200 range, stabilize and close with a bullish candle
- Stop loss: 72,500 range
- Target: 77,000 range, technical analysis for reference only!