$BTC #The short-term technical outlook is showing a bearish trend. An important resistance zone is formed at the upper range of 4659-4715 USD, while the key support level is located in the 4455-4375 USD area. The 4-hour MACD shows a dominance of bearish momentum, and a top divergence signal appears on the 15-minute chart, indicating that after the bearish release, the rebound strength has significantly weakened. Price movements are highly correlated with the U.S. stock market, and attention should be focused on the stock market's opening performance in the evening. If market sentiment weakens, it may trigger a second downward test, with the primary target looking towards the 4450-4400 support range. If the key level of 4375 USD is broken, it may trigger large-scale long liquidations and further open up downward space.
