U.S. stocks open, Bitcoin stubbornly holds at 77,000! The battle between bulls and bears intensifies, and a direction is about to be chosen

$BTC
U.S. stocks opened on Wednesday, with the three major indices opening slightly higher, led by the Nasdaq, as the market awaits Nvidia’s earnings guidance to steer the direction. The crypto market has entered a critical battle window simultaneously, with Bitcoin failing to effectively break below $77,000, engaging in fierce tug-of-war in the 77,000-77,500 range, with extreme tension from the bulls and bears, and short-term breakout signals beginning to appear.

Since last night until now, Bitcoin has repeatedly tested the 77,000 level, with the lowest touching around 76,600. The bears’ selling pressure is clear, but each dip is met with stubborn buying from the bulls, and the key support has not been effectively broken. As of now, Bitcoin is quoted at around $77,100, a slight rebound of 0.5%, stabilizing amid the volatility of the U.S. stock market open.

The stubborn defense of the 77,000 level is the bulls’ last stubbornness and the bears’ fortress of attack. The volatility of U.S. stocks combined with the battle between bulls and bears has pushed the market into a “pre-dawn turbulence,” with no eternal support or suppression. The breakout is just around the corner #RWA总市值突破650亿美元