Bitcoin current price 74000-74400 area, with the lowest dip around 73700 in the early morning (breaking below the 74k integer level), currently consolidating weakly at a low level.


Judging from the weekend trend: on Saturday it surged to 78k then pulled back to 75k, and on Sunday it further declined and broke below 74k. The highs keep shifting lower, and the lows keep getting refreshed; in every round of rebounds, it’s pressured back down. The bearish side fully dominates the short-term structure.$BTC
The structure remains unchanged: after a false breakout confirmation, the pullback is for digestion, and the bears have the upper hand.
Short (Tong Ge’s preference):
Entry: 74600-75000 short
Stop loss: exit after standing firm at 75300
Target: 73700 → 73000
Long needs to wait for a signal
Pullback 72500-73000 and stop the decline after a volume increase—try a long with a light position
or chase a long on the right side after a volume increase and holding steady at 76500 (lower probability)
BTC-1,29%
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