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Bitcoin surged to 778, pushing towards 780 but faced strong resistance at the key level and pulled back, now consolidating around 766.
The market highs are continuously declining, and the bulls' rebound is weak, with insufficient short-term upward momentum.
Repeated attempts to break above 780 have failed to hold, and selling pressure above remains heavy.
The hourly chart shows signs of forming a short-term top trend, with MACD nearing a death cross at high levels, indicating a bearish trend is emerging.
Short-term support is at 765; if broken, the trend suggests a move toward the 760-755 range.
Until the 780 level is firmly broken, the short-term strategy remains focused on shorting rebounds and going high, with a target around 745.
Trade carefully with light positions to manage risk! $BTC #美伊协议草案