Bitcoin Auntie still fluctuates at a low level, and the overall market is relatively weak. In the early morning, Bitcoin surged to 77,065 but failed to continue, quickly facing resistance and falling back, with two attempts to break through both failing. The bulls are severely lacking momentum. Repeatedly testing 76,000 only temporarily halted the decline, with no strong rebound, and the market lacks buying support, causing the bulls to lose their dominance completely. Multiple timeframes show a bearish alignment of moving averages, with bearish momentum continuing to accumulate, leaving room for further downside. The overall trend shows a lack of rebound strength and heavy selling pressure, with bears dominating the market. Do not chase longs decisively; focus on shorting rebounds at high levels!