The morning market trend is completely in line with expectations: Bitcoin faced resistance around 73,500 and continued to decline, with the lowest touching the 72,000 level, reaffirming the accuracy of the short-selling approach. This is the charm of following the trend—avoiding subjective predictions and simply adapting to the market rhythm. Currently, there are clear signs of support around 72,000, with short-term downward momentum weakening. In the afternoon, focus on this area for stabilization signals and look for opportunities to go long.

From a technical perspective, on the 4-hour chart, the recent pullback to 72,000 precisely touches the lower end of the previous high-volume trading zone, which is also the support level of the lower Bollinger Band, representing a critical technical stabilization area. The current candlestick near the lower band shows a long lower shadow, indicating active buying support below. Meanwhile, the MACD green histogram momentum is beginning to shrink, suggesting that the bearish force is temporarily weakening. If the price can establish a base above 72,000 and break back above 72,500, a rebound and correction could be initiated, with the upper target in the 73,000-73,500 resistance zone.

Operationally, it is recommended to focus on long positions after stabilization: in the afternoon, watch for stabilization signals around 72,000. If a volume breakout above 72,200 occurs on the 15-minute chart, consider adding to long positions in batches, with a stop below 71,800. The first target is 72,800, and if broken, hold for 73,500. Do not chase shorts on declines; key support levels should only be used for one direction—trend-following long positions. #加密市场上涨 $BTC