Today's Bitcoin Evening Analysis (Tuesday)



I. Overall Trend
Short-term remains bear-dominated, with rebounds primarily serving as corrections during the downtrend. No reversal signals have emerged yet.

II. Technical Reasons for Shorting
• Daily Level
Continuous weakness after topping out at high levels, with moving averages in bearish alignment applying downward pressure; MACD death cross at highs with expanding green bars, RSI showing weakness; rebounds consistently fail to hold key resistance levels, with upside momentum exhausted.

• 4-Hour Level
Clear downtrend channel with price firmly suppressed by Bollinger Middle Band and moving averages; rebounds lack volume and encounter resistance before falling—this is a bull trap setup with insufficient strength to break through.

• Volume Structure
Volume expands on declines and contracts on rebounds; rebounds without volume must retrace, with the bearish rhythm remaining unbroken.

Bitcoin: Selling opportunity on rebounds at 71500-72000
First Target: Around 70500
Second Target: 68000 (Exercise Caution) #Gate正式接入Polymarket $BTC
BTC-2.08%
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