The market always reflects pre-judgments, and sudden news will only accelerate the implementation of established trends.

A shooting incident suddenly occurred at a White House banquet, and the black swan directly triggered global risk aversion sentiment, causing a shock in the capital markets. For BTC, which has already formed a top structure, this is not a reversal opportunity but a strong boost for bears adding fuel to the fire.

Returning to the chart, the short-term downward channel formed by Bitcoin's decline from the high has long been clearly established. The previous rebound was simply a technical correction within the downtrend, not a trend reversal. The 15-minute moving average system remains in a continuous bearish alignment, and the price has stagnated and weakened after rebounding to the previous dense trading zone. Trading volume has also shrunk, and the buying momentum was already severely lacking, making the sustainability of the rebound questionable.

Now, with a sudden security incident at the White House, market panic is spreading, risk-averse capital fleeing intensifies, and selling pressure at high levels will only increase. The already fragile bullish sentiment is directly shattered, and the main funds' strategy of selling on rebounds will only accelerate.

Bitcoin Trading Strategy

Aggressive traders can consider short positions around 78,000, targeting 77,000-76,000. If the support breaks, look at 75,000.