Bitcoin surged higher on Friday to 78,330, topping out, and is currently continuing to fluctuate downward. Throughout the entire move, there are no obvious signs of a turn and stabilization; the bears’ momentum remains consistent.



Currently, from the order-book perspective, the recent highs are continually moving lower, and the trend is under clear pressure. The bulls’ counterattack lacks strength. Although the geopolitical situation provides a risk-off backstop, the short-term technical trend is weak in one direction—rebounds are opportunities to short.

Trading advice

Short in the 75,300-75,800 rebound range, target 74,400; if it breaks down, watch for 73,800
After a pullback, if it stabilizes around 74,000, lightly go long with a small position, and look back at 75,2000$BTC $ETH
BTC-0,59%
ETH-1,05%
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