# Today's Early Market Overview:

**Pattern:** Rally followed by a pullback, forming lower highs, with the 75,000 strong resistance remaining effective; bullish momentum is waning.
**Moving Averages:** Price has fallen below the short-term moving averages; the 5/10/20-day MAs are turning downward, indicating an initial bearish alignment.
**MACD:** A death cross at a high level, with the green histogram expanding, signaling strengthening bearish momentum.
**RSI:** Quickly dropped from overbought territory above 70 to below 50, entering a weak zone.

**BTC:** A rebound to around 71,500–72,000 could be a short-term opportunity to short.

First 🎯: 70,500
Second 🎯: 69,000 (caution) $BTC ‌#Gate13周年全球庆典