Alright, here is the revised version of the three-paragraph content:



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.
BTC-3,52%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)