At the moment, the market is still in a bearish phase with volume increasing. The price has dropped to around 77,500. For friends who enter short positions at high levels in the short term, you may consider taking profit on half first or exiting the position early. For swing traders, continue to look for the support around 77,000.

In terms of the current structure, there hasn’t been much change. It is still necessary to watch whether the price retraces and breaks through. As for the outlook, will the market move into a top-bottom reversal, or will the breakdown lead to continued bearish strength? On the four-hour chart, you should also pay attention to a bearish MACD dead-cross divergence (top-versus-back divergence) signal in the future, which may cause the market to further retrace and expand volume. In terms of operation based on the current structure, the recommended strategy is still mainly to chase shorts.

If Bitcoin breaks below the 77,000 level, there is still volume to watch toward the 75,000 level. For ETH, if it breaks below 2,300, watch for 2,250. #比特币反弹 $BTC $ETH