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Observing from the trend cost band:
At the start of the week, after breaking down and hitting a low below 74k, institutions stepped in to buy, absorb, and support. The end result was that it did not break below the absorption bottom line; instead, it was pulled along by the US stock market and began a rapid rebound—currently reaching the midline level;
In the short- and mid-term, there is a consistent distribution pattern. For BTC, the upper-to-middle range levels correspond to around 76.3/77.5k respectively, and the intraday price is capped to trade below the midline. Note that once it drops below 75k, it will not only solidify the 4h top formation, but also break the prior absorption trend, until the next time demand appears.
Also, there is a fairly large liquidation/pain level near 784, which—before the month-end close—makes it a relatively likely target.
Overall, market sentiment is good, and liquidity has improved a lot. The main players only need a small amount of capital to push the price... So, based on the medium-term outlook, it is my subjective view that even higher points will still appear, but before that, there is a need for a false breakdown of the lower lows.