Bitcoin's early trading session today stabilized above 75,000. The trend has turned stronger but is overbought in the short term, so it is expected to oscillate at high levels in the near future.

From a technical perspective, the daily chart shows a "triple bearish divergence," with the price reaching new highs but the RSI indicator's peaks gradually decreasing, which is often a sign of a significant pullback. The 4-hour MACD is approaching a death cross, with obvious selling pressure above. After short-term overbought conditions, the market tends to digest profit-taking, but the key focus remains on the impact of tonight's Federal Reserve hearing.

First support: 73,500; key resistance: 76,000.

Trading suggestion: primarily look for short positions.

Try shorting lightly in the 74,800-75,300 range, with a stop-loss at 76,000, and a target of 73,500.