Be vigilant about the risk of a major pullback in Bitcoin. The daily chart shows a small bearish candle with a long upper wick, failing to hold above 74,800. Instead, it surged and pulled back, which could be viewed as a false breakout that lured bulls into a trap. Looking at the 4-hour chart, the bullish volume momentum curve shows: the price rebounded from 60,000 to 76,000, but bullish volume is gradually declining. This indicates that bullish momentum is exhausting and confidence is waning.