The current market has experienced a sharp decline followed by low-level consolidation and recovery, with a slight rebound forming a mostly bullish pattern. The resistance above is very strong, strictly prohibiting chasing highs. The strategy is mainly to buy on dips and short on pressure. The short-term moving averages are turning upward, and the price is holding above the moving averages, indicating a clear short-term bullish recovery trend. The key support below is around 772. The MACD lines are approaching a golden cross near the low levels, with the green bars continuously shrinking, indicating that the bearish momentum is gradually fading. The short-term rebound strength is still present, and a strong bullish trend has not yet formed.

Short-term support: 772-773
Strong support: 768-766
First resistance: 782-785
Strong resistance: above 790
Trading suggestions:
If Bitcoin retraces to the 772 zone and stabilizes without breaking below, go long with a small position, targeting 785; if it rises to the 784-786 resistance level and shows signs of stalling with a long upper shadow, short with a small position, and look for a pullback to 775.