$BTC The overall afternoon Bitcoin has been fluctuating between 76,300 and 77,300, showing signs of a rebound, but several attempts to reach near 77,300 have failed to break above, indicating that the upward pressure is still very heavy.

To put it simply, it can't go higher.

Repeated attempts to break through have all failed, which also indicates that buying strength is insufficient, and the market's desire to push higher is not strong; the bulls are currently a bit powerless.

Moreover, the chart has yet to stabilize above 77,000 for a long time, and this kind of movement is usually not a sign of strength; instead, it suggests that the bearish momentum is still ongoing.

Since there's no strength in the surge, don't fixate on going long; it’s more stable to follow the current rhythm and watch for a pullback.

Currently, the price has already returned to around 76,500, which also confirms that the previous bearish outlook was correct. Blindly chasing longs at this point would significantly increase the risk.

In short-term trading, the main strategy should be to short on rebounds.

If later the price rebounds to around 77,000 to 77,300 but still can't break above, there's a high probability that it will continue to move downward.

First support is at 76,000; if it breaks below, the downward space could open further.

Remember one thing: in a weak market, rebounds are often just opportunities to short; don’t rush to buy just because it rises a little. #Solana发布量子路线图