Current Bitcoin price is 77,868, with the lowest point today at 76,855 and the highest rebound to 78,150, showing a deep retracement followed by a continuous rebound rally. The price has rebounded strongly from the lower Bollinger Band and is now above the middle Bollinger Band, approaching the upper band with strong resistance. The upward pressure is very strong, and the space for further chasing gains is severely compressed. After a major downward trend in the previous period, it bottomed out at 76,014 and stabilized, initiating a phase of rebound and correction. Currently, the rebound has reached a critical resistance point in the downtrend, which is a pullback and trap in a falling trend, not a trend reversal.