Currently still under technical pressure, although the bearish momentum has weakened somewhat, it still remains dominant. Bottom-fishing is limited to ultra-short-term speculation. Both macro and on-chain data are likely to remain in low-range oscillation in the short term. During the white session, short-term rebounds can be attempted to short if the price does not stabilize above 77,500, with attention to the 76,000 level. If this support can be held, there is a chance for technical recovery; if it is broken, further decline should be guarded against.