Based on the current hourly level of Bitcoin, the trend is quite clear now. The highs and lows on the hourly chart have been steadily rising, and the signal for a correction is being absorbed. The current market is firmly locked within a triangular consolidation zone. As long as this triangle is not effectively broken downward, Bitcoin is unlikely to experience a major drop, and the overall sideways pattern remains relatively strong.

Only if the subsequent decline truly breaks through the key position of the triangle will Bitcoin pull back to the core support zone between 75,510 and 74,929. If even this strong support at 74,929 cannot hold, the correction will deepen further, heading straight for the 73,537 level to seek support.

Conversely, the key resistance level above is at 76,237. Once it is successfully broken and stabilized, the short-term correction will be completely over, and a new upward rally will begin. The next target for the rise is around 77,550, then aiming for 78,300. Note that Bitcoin has already attempted to break through 76,240 four times before without success. This is the fifth attempt. If it still cannot break through this time, the buying power will be exhausted, and the momentum will weaken. Repeatedly failing at a resistance level makes it difficult to break through relying solely on the market itself; it usually requires significant positive news to boost the rally. Therefore, this breakout is crucial. If it succeeds, the price will rise all the way up; if it fails, a correction will immediately follow.