After last week’s consolidation, Bitcoin once showed strong bearish momentum in the early hours and dropped to break the range. It is currently testing the validity of the medium-term trend line. At present, market sentiment is relatively cautious, and both bulls and bears are engaged in intense competition near key support levels. During the day, watch the key daily support zone around 76500 - 77000. If it breaks down effectively with increased volume, it could accelerate the move lower to 74000 or even lower.