Morning Bitcoin Analysis



Analysis: Bitcoin rebounds around 76,000-76,500 to look for a short-term rally, watch 75,000-74,500, with support at 77,000

Yesterday, Bitcoin initially declined then rebounded, reaching the 78,000 level before facing resistance and weakening. The market sentiment rapidly declined, with increased bullish and bearish battles. In the one-hour cycle, the price was weak at lower levels, Bollinger Bands opening up, indicating a possible small rebound in the short term; if the rebound volume is insufficient and it faces resistance, breaking below 75,600, the market will continue its downward trend. The four-hour Bollinger Bands are narrowing, with the price close to the lower band, MACD momentum weakening, and a clear bearish moving average pattern, indicating overall bearish dominance. Intraday, focus on shorting the rebound. #股票交易挑战最高赢17000U $BTC
BTC-1.8%
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