#btc #Bitcoin's public outlook today

1. Core short-selling idea
1. The hourly Bollinger Bands are turning at a high level, forming a clear reversal pattern after a rally, indicating that the bullish rebound is a corrective bounce after a decline, not a trend reversal.

2. The price remains under pressure at the middle Bollinger Band, with severely insufficient rebound volume, unable to reclaim the midline watershed, making the risk-reward ratio for short positions extremely high.

3. Defensive logic: Only if the closing price firmly stays above the Bollinger upper band at 75258 will the short-selling idea be completely abandoned, indicating a trend reversal.

2. Trading suggestions:
Entry: 74500-75000
First target: 73500
Second target: 72500

3. Core logic

1. The price completed a rally from the previous high of 76009, forming a standard "long upper shadow + consecutive down candles" top reversal pattern. The bullish upward momentum is completely exhausted, and funds are cashing out at high levels.

2. The decline fully follows the downward channel of the Bollinger Bands, with highs continuously decreasing and lows constantly refreshing. The medium-term bearish structure has not been broken, and the current rebound is just a corrective bounce during the decline, not a bullish reversal.