Bitcoin continues to fluctuate and pull back from its previous high, with a low of 76,400 in the early morning. It slightly rebounded to 77,400, then entered a high-level consolidation phase with oscillations and a decline. After multiple unsuccessful attempts to break higher in the morning session, it faced downward pressure, with the lowest dip near 75,600, which found support and saw a slight rebound. Currently, it faces clear resistance around 76,500; technically, the short-term moving averages form a death cross, suppressing the price. A "double top" pattern is emerging at high levels, with rebound volume continuing to shrink. The MACD operates below the zero line, with the red bars shortening, indicating insufficient upward momentum. The 76,500-77,000 range forms a short-term strong resistance zone, while 75,600 acts as a short-term support and dividing line between bulls and bears. If the resistance zone cannot be effectively broken, the market is likely to remain weak and volatile, possibly further declining to test the 75,000 level support.