From the recent time cycle viewed as a whole—going from last Thursday to this Monday—the market has been consistently moving to the rhythm of “shakeout—pullback—another surge.” The areas around 77,000, 76,500, and 76,300, which were repeatedly emphasized earlier, have been validated multiple times as effective holding/support zones. After the price repeatedly tests the lows in this area, it rebounds again—showing that support underneath is gradually forming a consensus.

However, in order to regain and hold above 80,000, resistance is still considerable. In particular, the funding rate has remained in a persistently negative state for a long time. Each time the price approaches above 79,000, the short positions’ inventory tends to pile up noticeably, suppressing upside room.

But as the bottom structure continues to be reinforced, this back-and-forth shakeout is essentially building momentum for the subsequent move. Once the bottom is completed, the breakout afterward from the 79,000—80,000 range will very likely be more decisive, and may even accelerate.

The current approach remains unchanged: it still revolves around these key support zones of 77,000 / 76,500 / 76,300 to look for adjustment and bottom-building. As long as the structure is not broken, the overall outlook is still to treat this as a rebound with upside leaning during the consolidation, even for $BTC