Market Review
The afternoon saw BTC hovering around 74,000 with oscillations. After dipping to 73,700, it rebounded to 74,271. The evening brought a sharp one-way decline down to 72,700. In our midday analysis, our long position at 73,700 was successfully filled. Exit at 74,200, yielding approximately 500 points of profit. Currently, BTC is oscillating around 72,700.
From the current chart, the 4-hour timeframe may be constructing an inverse head and shoulders formation, with a neckline support around 73,500. If the neckline support breaks, technical selling could accelerate. The 4-hour MACD h
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