2.2 Monday Intra-day Bitcoin Analysis

The four-hour timeframe shows that the price has broken through the short-term moving average support. The MA144 and MA169 form a double resistance, indicating a clear downward channel. The MACD indicator's green bars continue to expand, with the DIF and DEA lines remaining below the zero line. The momentum from the candlestick pattern is still being released. Although the KDJ indicator is in the oversold region, there is no clear golden cross signal yet. The rebound strength is relatively weak. In the short term, focus on the validity of the 75,500 support level. If it breaks below or tests the 75,000 level further, the next resistance is at the 80,000 round number. Only a successful breakout can alleviate the downward pressure.

Personal suggestion, for reference only (strictly set defensive positions)
Bitcoin around 78,400, see a rebound at 79,500, target 76,000, 74,800$BTC