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#区块链[超话]# BTC primarily bearish
BTC 30-minute chart shows a clear downward trend, currently oscillating around 73,850, with the MA7 and MA25 moving averages forming multiple resistances, and rebounds unable to break through.
Key signals
• The rebound high points are continuously decreasing, the downward momentum has not been interrupted, indicating a weak consolidation during the decline;
• Trading volume continues to shrink with rebounds, indicating insufficient bullish support and dominance of the bears;
• Support level below is 73,514, and once broken, a new round of decline will begin.
Rebound to the 74,000-74,400 range, consider shorting in batches, with the first target at 73,500, and if broken, further down to 73,000.