BTC Last week, the weekly chart closed with a large bearish candle, breaking below the key neckline support of 76,000.


The current key resistance zone is between 75,300 and 76,300 (FVG gap), and between 77,300 and 78,300 (concentrated chip area).
If a breakout and stabilization occur, the weekly trend may turn bullish again.
The core support below is around 72,000 (uptrend line + 0.618 retracement).
Currently, focus on the 72,000 trend line support.
This week, the market remains weak and consolidating, with a bearish weekly structure.
MACD and RSI show signs of weakening momentum to the upside.
On the daily chart, a large bearish candle was formed; in the past five days, only one bullish candle appeared.
The bulls lack sufficient strength for a rebound.
Key resistance above: 75,600 (neckline resistance).
Key support below: 72,000 (previous low + lower band support).
As long as it does not break below these key levels, it remains within a major upward channel.
Breaking below would turn it into a falling flag pattern.
Currently, it is still in the rebound and correction phase within a downtrend.
Whether 75,600 can be broken decisively determines short-term strength or weakness.
Daily MACD and RSI have bearish crossovers downward, and the bearish structure still dominates.
In the short term, focus on the 4-hour chart for trading opportunities. #Gate正式推出股票交易
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