⚠️ BTC spikes up by 80,000 then gets rejected—can 77,000 hold?
📊 Quick Market Overview
BTC current price $77,260 | 4H range 76,047-79,890
ETH current price $2,515 | 4H range 2,434-2,666
Yesterday, BTC briefly surged to 79,890 but quickly pulled back to 77,260, giving back the entire gain. ETH fell from 2,666 back to 2,515, with an even larger drop. This is a typical “buy-the-rip” spike-and-reject pattern.
1️⃣ Wyckoff Perspective
After yesterday’s high-volume push to 79,890, price quickly retraced, and volume collapsed from 9,334 to 247—matching Wyckoff’s Distribution Phase characteristics: rising wave on shrinking volume, and declining wave on expanding volume. We are currently in the BC (Back Creeks) testing stage. If 77,000 breaks, it would confirm entry into the Mark Down phase.
2️⃣ 2B Rule Check
After making a new high at 79,890, price failed to hold and quickly fell back below the prior high of 78,000—indicating that a standard 2B top structure has formed. The target zone is 76,000-76,500. ETH is similar: the 2B top at 2,666 points to 2,440-2,480.
3️⃣ Dow Theory
4H level: 79,890 → 77,260 forms a secondary retracement, but the 76,047 low has not been broken, so the trend has not yet turned bearish. The key is whether 76,000 can hold—once broken, it confirms the end of the uptrend and a transition into consolidation.
🛡️ Trading Strategy
• Longs: Hold off and wait for stability in the 76,000-76,500 zone before considering
• Shorts: 77,500-78,000 can be used for a light short position; stop-loss at 78,500
• ETH: Weaker than BTC—bearish below 2,580; support at 2,440
• Position sizing: ≤30%; volatility is high, control risk strictly
#BTC走势分析 #ETH走势分析 #威科夫操盘法 #2B法则
📊 Quick Market Overview
BTC current price $77,260 | 4H range 76,047-79,890
ETH current price $2,515 | 4H range 2,434-2,666
Yesterday, BTC briefly surged to 79,890 but quickly pulled back to 77,260, giving back the entire gain. ETH fell from 2,666 back to 2,515, with an even larger drop. This is a typical “buy-the-rip” spike-and-reject pattern.
1️⃣ Wyckoff Perspective
After yesterday’s high-volume push to 79,890, price quickly retraced, and volume collapsed from 9,334 to 247—matching Wyckoff’s Distribution Phase characteristics: rising wave on shrinking volume, and declining wave on expanding volume. We are currently in the BC (Back Creeks) testing stage. If 77,000 breaks, it would confirm entry into the Mark Down phase.
2️⃣ 2B Rule Check
After making a new high at 79,890, price failed to hold and quickly fell back below the prior high of 78,000—indicating that a standard 2B top structure has formed. The target zone is 76,000-76,500. ETH is similar: the 2B top at 2,666 points to 2,440-2,480.
3️⃣ Dow Theory
4H level: 79,890 → 77,260 forms a secondary retracement, but the 76,047 low has not been broken, so the trend has not yet turned bearish. The key is whether 76,000 can hold—once broken, it confirms the end of the uptrend and a transition into consolidation.
🛡️ Trading Strategy
• Longs: Hold off and wait for stability in the 76,000-76,500 zone before considering
• Shorts: 77,500-78,000 can be used for a light short position; stop-loss at 78,500
• ETH: Weaker than BTC—bearish below 2,580; support at 2,440
• Position sizing: ≤30%; volatility is high, control risk strictly
#BTC走势分析 #ETH走势分析 #威科夫操盘法 #2B法则
