BlackRock withdrew 3446 BTC, this point is crucial

Observation of the market surface The BTC daily chart maintains a bullish pattern, but there is a volume price divergence at the 4-hour level, the MACD red bar shortens, and the short-term upward momentum is weak. According to financial monitoring, Blackrock has withdrawn 3446 BTC from Coinbase in the past 8 hours, and the flow of institutional funds to cold wallets is often seen as a potential positive, providing psychological support for the current price. The overall pattern is in a high-level technical correction, and a warning needs to be set for the carrying capacity of the 74500 checkpoint. Practical reference points Technical support area: 74500 (EMA7 and integer psychological checkpoint); Strong support at 73250 (EMA30 and previous oscillation bottom). Upper suppression level: 75400 (recent short-term high); Key target 76000 (top of daily double needle). Risk control defense line: 72800 (falling below this level means losing EMA30, the short-term upward structure is disintegrating, and it is necessary to leave decisively). Transaction execution logic In the context of large outflows of institutional funds, there is an expectation to undertake them below. Refuse to blindly chase high in terms of operation, and suggest setting a warning at the 74500 support level to observe the stabilization situation. If the contraction cannot be broken by stepping back, it is a relatively stable intervention position. At present, strictly adhering to the 72800 stop loss line is the technical core to avoid deep drawdown and ensure safety. Risk Warning: The content is for reference only and does not constitute investment advice. The market is risky, and operations need to be cautious.