Midday Analysis

On Tuesday, sharp gains in early trading often hide pullback risks, and the European session failed to break higher, with the US session likely to weaken!

The high point of today's early session has been confirmed. The afternoon European session phase failed to achieve a breakout continuation, and the subsequent market will enter a major downtrend. You can consider entering short positions in batches within the 74800–75500 range.

In the afternoon, 76000 serves as the dividing line between bulls and bears. If a rebound reaches around 75000, decisively set up short positions with target levels looking toward 72800–71500.

The second coin moves in sync; a significant rebound is unlikely going forward as it's about to enter a downtrend channel with a gradual bearish outlook. $BTC

Wishing everyone smooth trading and steady profits!