The line drawn last night was confirmed today. 76000 this previous high resistance has been eaten by buying pressure, and the 4H closing line is firmly above it. Next, we enter the core battlefield:

1️⃣ Current status:

The price is running above the Vegas channel, and the short-term bullish structure is intact.

76000 has turned from resistance to the first support observation point.

2️⃣ 79000 Why is it a resonance hunting zone?

The upper edge of the price channel drawn last night.

The level suppression point of the previous rebound.

Daily Vegas pressure point

Three indicators point to the same position, here is the ultimate test of this rebound.📐

3️⃣ The big picture is still a bear market 🐻
Let me emphasize again: This is a 4H bounce in a bear market, not a reversal. The larger trends on the weekly and monthly charts remain downward. So strategically—

We're near 79000: Following last night's plan, watch the price action. If there's weakness or false breakout signals, it's time to scale down or try a short.

Don't FOMO into longs: Bear market bounces often end abruptly when everyone starts shouting 'bull is back.'

4️⃣ Next key signal:
As mentioned last night, the funding rate has turned positive and is relatively high, but we haven't seen it yet. Wait until the square is filled with long positions and the funding rate goes off the charts; that's when bears can truly strike rich. 🧊

Support/Resistance update:

Short-term support: 76000

Core target/pressure: 79000

In a bear market, making money on bounces comes from recognizing the right moves, not from the overall market structure. Hold your hands, wait for the right position. 👊

Do you think 79000 is reachable? What are your plans if it hits? Let’s chat in the comments below 👇

#BTC #Bitcoin #BearMarketTrading #MarketReview #79000