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Last night, the market clearly turned bearish. Bitcoin broke below the key level of 76,000 as expected. Our live broadcast entry at 76,800 for a short position has successfully reached the take-profit target at 76,000. Currently, the price is further testing the support at 75,000, while Ethereum is also weakening, approaching the 2200 round number.

From a technical perspective, the bears have taken control. The 4-hour chart for Bitcoin shows a bearish alignment of moving averages, with the MACD forming a death cross and expanding. Once the key support is broken, it turns into resistance. If the rebound cannot hold above 76,000/2230 (Bitcoin/Ethereum), a continuation pattern may form, and there is a high probability of further downside, testing deeper supports at 74,000 and 2150.

#BTC何时反弹? $BTC

Current operations should follow the bearish trend. Pay attention to opportunities for light short positions when the price retraces to the 75,500-76,000 or 2220-2240 zones and faces resistance, with strict stop-loss settings. Before clear bottom reversal signals appear in the market, avoid blindly bottom-fishing. All rebounds should be treated as technical corrections for now.
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