Despite a bearish divergence forming on the daily BTC chart, the downward momentum remains notably weak. 🐻📉 Last night, BTC briefly broke below the daily Bollinger Band midline at $79,150, only to close back above it, producing a classic false breakdown. 🚫📊 This level is further reinforced by the 3-day EMA7 near $79,055, creating a key multi-timeframe support zone. As long as $79,000 is not decisively broken on a second attempt, aggressive shorting below this level is not advisable. Therefore, we cannot yet confirm that a deeper daily-level correction is underway. 🧐 The price action on April 29 will be critical for direction. A confirmed breakdown would shift focus to a buy zone near the $78,000 support. The lower daily Bollinger Band sits at $75,555. However, the daily MACD is still far from the zero line, introducing significant mid-path uncertainty. 📉 The 12-hour MACD is approaching zero, while sub-1-hour indicators are strengthening, which could signal an imminent end to the current decline. This means a corrective move could conclude at any time. Consequently, short positions should not target $75,555 as a profit-taking zone. ⚠️ The setup is too nuanced for such a rigid target.