#BTC


The small-scale rally of Bitcoin has ended, and it has entered a correction or new downward phase!
Last night, there was a small rebound, which coincidentally was at the 0.618 retracement level of this decline. If it encounters resistance and continues to fall, then today's key level to watch is around 74,800. A break below that would mean the small-scale decline continues.
The resistance level is around 76,600, which is the 0.618 retracement level this time. A rebound that reaches this point could trigger a new small-scale upward move. Based on market sentiment and trend analysis, a strong bullish rally does not seem very likely! However, caution is advised, and risks should be carefully managed!
BTC1.25%
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