BTC price action is quite clear. It just surged to 76,548 and was pushed back down. Now it’s showing slight consolidation around 75,600—this is a typical “spike up and then retreat” structure, and the spike up is because Saylor’s massive buy orders absorbed the sell pressure.



The 76,300–76,600 area above is still the most critical resistance zone for the short term. When it tried to push higher before, the upward momentum was clearly not enough, and it was soon smashed back down—indicating that sell pressure here is quite heavy.

Now the market rhythm has shifted from a rebound to weaker consolidation. Bullish volume is gradually shrinking, and the price has been kept below the moving averages. The bears have already started to take the lead.

As for how to trade, don’t think about chasing longs—it's simple: wait for a rebound.
If it pulls back and retraces to around 76,300–76,600, you can take the opportunity to go short.

TP1 near 74,800 support.

If 74,800 can’t hold, it will most likely go to around 73,500.
BTC4.56%
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