BTC has been highly synchronized with U.S. stocks since the end of March.

So far, it has already successfully dropped below 78,000.
Last night, the rebound even reached as high as 77,700.
But the rebound has no strength.
The Nasdaq’s move topping out around the 30,000 level and consolidating has only just begun, and the downward move is just starting.
U.S. stocks are up by about 30%.
Normally, you would see a 5%-10% pullback.
Right now, it has only dropped 1%.
After that, there will be multiple more declines.
The losses in the crypto market will only be bigger.
A sharp sell-off is likely to arrive on Thursday and Friday.
Support in the 76,500–75,500 range is weak, and the probability of breaking below it is high.
Every time there is a major drop, there will be “needle” plunges of 3,000–5,000 dollars.
The key is whether 74,500–73,500 can hold as support.
If it holds, there is a chance of a needle-move rebound back to 75,500–76,000.
For now, don’t rush to buy more.
Wait until the needle move is in place before considering #btc