Plot recap:

Last night, the bulls initially wanted to have a "midnight party" to push higher, but Bitcoin faced resistance at the 79,400 key level and declined. Then, like sliding down a slide, it sharply dropped to around 78,100 for a bottom test. At midnight, Xi Xi's fairy department's Ju Nan woke up and just closed 🌾, with the Molybdenum front near 78,200, showing a deadlock oscillation.
The bullish momentum clearly weakened, with the highs gradually decreasing. During the decline, trading volume continued to expand. Although there was a brief sign of stabilization at low levels, the rebound was weak, and the selling volume persisted, continuing the downward trend.
Today’s market is clearly dominated by bears, with a focus on shorting pressure at higher levels.

Thursday early session
Around 78,400-79,000 🈳, watch: 77,500-76,700
Around 2,390-2,420 🈳, watch: 2,340-2,300

I hope one day I can do things just because I "like" them.
All above are personal opinions and do not constitute any investment advice. Please approach rationally.

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