Bitcoin pullback signals hidden information! Clear resistance and support—long opportunities are already locked in



Bitcoin’s rally still hasn’t fully ended. For it to truly turn into a downside drop, it most likely needs to surge upward first—either a false breakout of 76,000, or a move to around 76,000 to form an hourly double top pattern, and then after breaking below 71,431, that key level, the hourly uptrend will be over. The overall uptrend remains very solid.

Why did Bitcoin pull back immediately after touching 76,000? Because that level traps many traders who went long earlier. After they finally get out of their positions, everyone will sell quickly. Selling pressure is too heavy, and buy orders can’t keep up—so the price naturally falls. This is also why, after reaching this level last night, I promptly reminded everyone to reverse and go short. After that, Bitcoin broke below the flag-shaped structure and the 74,300 support, then it entered a brief consolidation and returned back into the flag. At the 74,750 level, there is currently a potential resistance point,

If it can break through the 74,750 resistance, Bitcoin will keep rebounding and, in turn, push through 75,537, giving it a chance to test 76,000 again. If it can’t break through, and it drops back below 74,300, it will retest the 73,700–73,288 range. As long as it doesn’t fall below 73,200, it won’t drop hard, and it can still consolidate and move upward. Once it breaks below that, you’ll see a deep correction. Resistance overhead is 74,751–75,725–76,595; support below is 73,718–72,496–71,434.
$BTC In terms of trading, you can go long within the 73,788–73,280 range, with a target of 75,728. Pay special attention to around 76,000, and set your stop loss at 800 points.

$ETH Ethereum: on the 4-hour chart, if it breaks below 2,309, it could fall to 2,260–2,215. The previously expanded “big trumpet” pattern has already broken down. In terms of the pattern, the upper boundary is the current resistance. Only by returning inside the pattern will the decline stop and a rebound start; otherwise, it will retest the 2,273 support. Resistance is 2,342–2,374–2,397 above; support is 2,310–2,260–2,218 below.
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ETH-1,78%
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