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【BTC | Range-bound consolidation continues, waiting for May direction】
In the past two days, BTC has tested the lows multiple times without breaking below 76,000, with 75,000 forming a strong support; the 80,000 resistance level has been tested three times in a row but has not been able to stabilize effectively. The overall market has been oscillating around the 76,000-79,000 range.
Market features: Institutional funds are supporting the bottom, while bearish forces are concentrated at higher levels, causing the price to be caught in a dilemma—neither falling sharply nor rising strongly. This oscillation pattern is expected to continue until May, and only after the range is broken through can a new trend cycle potentially emerge. $BTC $ETH