Bitcoin has plunged sharply, reaching a new low for 2026, with the price dipping to the 75,700 level. After hitting the bottom, it rebounded. This wave of rebound is a normal rise after a deep price retracement. The overall trend remains bearish.

On the four-hour chart, the Bollinger Bands are turning downwards. After reaching the bottom, it has formed a lower shadow, and the bearish momentum is decreasing. There are signs of a short-term price rebound, but the Bollinger Bands are showing a downward channel, indicating that the price is likely to exhibit a low-level oscillation pattern.

Therefore, the suggestion for the day is to look for bearish opportunities on the rebound, with a reference range of 79,400-79,800 for bearish positions, targeting around 76,000.

Follow the public account, "How to Relieve Worries, Only Jiang Wei," a treasure analysis blogger with high emotional value. He shares trading education for free, bringing stability and clear guidance in the volatile trading market, with experience through three cycles of bull and bear markets and years of practical trading experience. He specializes in naked K, trends, Dow theory, Gann, harmonics, Chan theory, wave theory, and other technical analyses, compiling unique insights.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。