⭐ BTC Today's Market Update


From the daily chart structure, it has been repeatedly suppressed by the trendline in Figure 1 over the past few days, forming a key resistance level. The daily chart has formed a head and shoulders pattern, with the right shoulder still being constructed. The neckline at 74,500 is the last line of defense. Currently, the price is around 75,800. The daily MACD continues to cross downward, volume is shrinking, and the rebound strength is clearly insufficient. If the price cannot quickly recover above 77,500 in the next few days, the probability of the right shoulder breaking below the neckline will continue to increase. The key resistance at the daily level is in the 77,500-78,000 range; only by holding steady here can the downward pressure be temporarily alleviated.
Last night, after breaking below 76,000 on the 4-hour chart, bearish momentum was released again. Currently, the price is oscillating narrowly between 75,400 and 76,000, forming a small-degree downward consolidation. The 4-hour MACD is dead-crossing below the zero line, and RSI is hovering around 30, with no obvious bullish divergence signals. If the short-term rebound cannot break above 76,000, it is highly likely to continue downward.
Upper resistance: 77,500-78,000
Lower support: 74,500-73,900, breaking below targets 72,800
Today’s outlook: Overall bearish, market sentiment is extremely weak. Do not buy the dip lightly; wait for volume confirmation and stabilization signals before considering long positions. #特朗普支持CFTC管辖预测市场 $BTC
BTC-2.1%
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