🦅 Fiyiwan Trading Post Urgent News (75,000 Resistance Tug-of-War): Bitcoin Bottoming Out at 73,000, Reversing with a Deep V! Is it a Rebound or a Trap for Induced Buying?

Brothers, good evening! The trend of Bitcoin has once again staged a thrilling roller coaster. #BTC $BTC
The current price is fiercely battling between bulls and bears near 75,200. Let’s cut through the market noise and directly analyze the true intention behind the main force’s bottoming and rebound using the most hardcore chart language. Hold this report tightly, tonight’s turning point is all here!
🔥 Latest Situation Deep Review (Directly Revealing the Main Force’s Hidden Cards)
4-hour Deep Shakeout and Strong Support: Looking at this 4-hour chart, after Bitcoin touched the historical high area above 78,000, it encountered fierce profit-taking selling, dropping all the way down to around 73,000 to seek liquidity. But this long lower shadow and the subsequent bullish engulfing candle indicate that there is extremely strong institutional support around 73k. This is a standard “violent deleveraging” move after a bull market breakout.
1-hour V-shaped Reversal Faces Test: Enlarging to the 1-hour level, Bitcoin formed a beautiful V-shaped reversal from the 73,000 bottom, with the current price at 75,232 successfully breaking above the short-term moving average cluster. However, this rebound currently faces resistance around 75,600. If it cannot break through with volume, there is a risk of forming a secondary high and falling back in the short term.
Steady the Mind (Persisting at the 126,000 Top): Brothers, don’t be scared by a few thousand points of correction! The ultimate high point of this macro bull market is around 126,000. On the way to hitting new highs, this kind of bottoming shakeout is an inevitable pain. Abandon emotional chasing of highs, strictly follow the right-side order placement discipline!
1. Support and Resistance Levels (Evening Trading Edition)
🟢 Short-term Support (1-3 days, Intraday Defense Zone)
74,500: Immediate support. A short-term pause and correction zone during the V-shaped rebound on the 1-hour chart. The first buffer zone for tonight’s pullback.
73,500: Strong support. A major double bottom support level just confirmed on the 4-hour chart, guarded by bulls.
72,800: Core support. The extreme low area of this correction. If broken, it indicates a short-term trend weakening again.
🔵 Mid-term Support (1-2 weeks, Swing Trading Zone)
70,000: Major psychological threshold, the watershed of bulls and bears.
67,000: The previous large-scale unidirectional trend’s starting bottom pool.
64,500: Structural macro support limit.
🔴 Short-term Resistance (1-3 days, Rebound High-Pressure Zone)
75,800: Immediate resistance. The first dense resistance zone faced during the rebound on the 1-hour chart.
77,000: Strong resistance. The lower boundary of the previous high-level oscillation box, trapping many short-term chasing traders.
78,200: Core resistance. The recent peak visible on the chart, an absolute high point, requiring massive short-term volume to surpass.
🟠 Mid-term Resistance (Targeting the 126,000 Divine Level)
80,000: Epic integer threshold.
84,000: The first macro expansion target in the second half of the bull market.
126,000: Macro historical top (ultimate boss).