$BTC As expected, the rise is all illusion



Currently, the 4-hour price broke below the support line and then reached the support-resistance turning point since March. The bulls' strength is beginning to weaken. I believe that as long as it falls below 75k, $BTC price will at least drop to 73.4k

Spot holdings are accumulated at 77.8k. Any upward movement is futile. Shorting is the correct strategy.
BTC1.47%
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MevTeaDrinker
· 3h ago
Spot position chips are stacked at 77.8k,
It's too difficult to push through this level,
The bearish logic makes sense.
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GetBetter.
· 3h ago
$BTC As expected, the rise is all illusion
Currently, the 4-hour support line was broken, then it reached the support-resistance flip since March. The bulls' strength is beginning to weaken. I believe that as long as it breaks below 75k, $BTC price will at least drop to 73.4k
Spot holdings are accumulated at 77.8k. Any upward movement is futile. Shorting is the correct strategy.
View OriginalReply0
GateUser-78acf617
· 3h ago
4-hour level break + bullish exhaustion, this script is too familiar, waiting for 73.4k to catch the needle.
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GateUser-ae5cc7b3
· 3h ago
The 75k level is indeed critical; if it breaks, the chain reaction could be very intense.
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