Midday Analysis

On Tuesday, the sharp morning surge often hides pullback risks; the European session failed to break higher, and the US session is likely to weaken!

The morning high has been confirmed today. The afternoon European session phase failed to achieve a higher break continuation, and the market will enter a major bearish trend. Wave-wise, short positions can be gradually entered in the 74800–75500 range.

In the afternoon, 76000 serves as the bull-bear dividing line. A rebound to around 75000 can decisively establish short positions, with downside targets toward 72800–71500.

The second coin moves in sync; significant rebounds are unlikely thereafter, and it is about to enter a downtrend channel with a gradually lower outlook. $BTC

Wishing everyone smooth trading and steady profits!