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Tonight, the BTC market rides a rollercoaster: after breaking out of a sharp selloff and probing the bottom, it then meets resistance on a weak rebound; currently, it’s trading in a tug-of-war around the $760,00 range.
In the short term, the bulls are defending the key support at $7,700, so a rebound is possible. If this level is broken, near-term sentiment may quickly turn weaker.
Tonight, the key focus is whether the $77,000 resistance level breaks through, and whether the $75,700 support level is defended to determine the direction. $BTC