In terms of market structure, the 4-hour bearish trend remains clear, with the price trading below the midline and rebound strength being weak. A support rebound occurred around the previous low of 74,500, but overall it still represents a weak correction after a decline, and no trend reversal signals have been observed yet.
Key Levels Resistance above 80,000—81,000 Support below 77,500—74,500
Trading Strategy Maintain a primarily rebound-based short-selling approach. Consider short positions near 80,000 with targets around 78,000—76,000. If the price breaks below 77,500, pay close attention to whether it tests the previous low support at 74,500 again.
No chasing rallies, no bottom fishing. Be patient and wait for the rebound to reach your target levels, then participate in the trend accordingly.
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Today’s Bitcoin Outlook
In terms of market structure, the 4-hour bearish trend remains clear, with the price trading below the midline and rebound strength being weak. A support rebound occurred around the previous low of 74,500, but overall it still represents a weak correction after a decline, and no trend reversal signals have been observed yet.
Key Levels
Resistance above 80,000—81,000
Support below 77,500—74,500
Trading Strategy
Maintain a primarily rebound-based short-selling approach.
Consider short positions near 80,000 with targets around 78,000—76,000.
If the price breaks below 77,500, pay close attention to whether it tests the previous low support at 74,500 again.
No chasing rallies, no bottom fishing. Be patient and wait for the rebound to reach your target levels, then participate in the trend accordingly.