#BTC


The daily bearish structure remains unchanged, only a weak correction after the decline, with a slight rebound opportunity in the short term, but insufficient volume and heavy resistance above. Overall, the approach is mainly oscillating and weak, prioritizing high short positions and short-term arbitrage with low long positions, strictly controlling risk with stop-losses.

Support and Resistance Levels
Resistance Levels:
Short-term resistance: 74,500–74,800, an area of heavy selling pressure within the day, only a breakout can open up rebound space
Medium-term resistance: 75,500–76,000, the middle band of the 4-hour Bollinger Bands + trapped chips zone, a strong resistance band
Trend watershed: 77,000, the middle band of the daily Bollinger Bands, standing firm can reverse the daily bearish pattern

Support Levels
Intraday defensive support: 73,000–73,300, current oscillation center, a break below would return to weakness and decline

Strong support: 72,400–72,500, recent low point, the starting point of this rebound, losing it opens up deeper correction space

Ultimate support: 71,500, the medium-term bull lifeline, a break below would severely damage the trend

Intraday Trading Strategy
Bullish approach: Lightly buy on dips around 73,000–73,300, with a stop-loss below 72,400, target 74,500–75,000, quick in and out, not looking for long-term gains

Bearish approach: If the rebound faces resistance at 74,800–75,000, consider short positions, with a stop-loss above 75,500, target 73,000–72,500
BTC-3.11%
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