The market previously completed a deep decline and bottoming out. It then moved higher from the low end, printing consecutive bullish candles to rebound and repair the move. In the short term, bearish selling pressure has been released, and the bid-side follow-through at low levels is clearly strong. Currently, the price has returned to the mid-range area and is consolidating in a tight range; resistance above is obvious, and in the short term the market has entered a tug-of-war phase between bulls and bears.

The key resistance above to watch is the 77,800-78,000 range. If the rebound fails to break through this level, there is still a risk of a pullback. The key support below is 77,200-77,300; if the pullback stabilizes, low-level long positions can be considered.

Overall, treat the market as range-bound: expect pullbacks in line with resistance at higher levels; when support below stabilizes, participate with low-level longs. Do not chase orders blindly; if there is a breakout, then switch direction accordingly #Gate13周年现场直击 #比特币反弹 #孙宇晨起诉WorldLibertyFinancial $BTC