On the 4-hour chart, Bitcoin has been moving lower in a choppy decline from the 76,000 high, with lows continuing to fall. It previously dropped to 72,600 to test the bottom, but the rebound was especially weak—it couldn’t even break through resistance. Overall, it remains in a descending channel. The 1-hour rebound is already losing steam: it was capped at 73,800, with frequent upper wicks indicating heavy selling pressure. Each rebound has been weaker than the last, so another retest of the lows is possible.

Prioritize shorting the rebound.
Short Bitcoin around 740, target 725.
Short Ethereum around 2,060, target 2000#ETH #BTC