Bitcoin in the early session is consistent with our thinking. After the market revisited and confirmed 76000 support in the early morning, it then made the adjustment. Currently, the rebound is still holding within the 76000-78000 range; we’re still looking for consolidation there. Overall, the market has recovered to the previous range. There is no clear one-way move between bulls and bears—so we should first look for market correction and consolidation.

The hourly chart is still in a closing structure. The Bollinger Bands have not shown further breakout suppression. On the indicators, there are signs of topping and turning. In the short term, there is still room for downward pressure and a move lower. Right now, the market is in a relatively oscillating top, so trading should mainly focus on shorting from high points.

Bitcoin’s current price is around 77400, and you can directly catch a short on the pullback, targeting around 76700. #TradFi交易分享挑战 $BTC ‌$ETH ‌