77,200 USD BTC, who are the bulls waiting for to save the market?

The whole day saw a boring doji with a shadow—high at 78,180, low at 76,855, with a volatility of less than 1.7%, finally closing around 77,210, down 0.18%.
Honestly, this kind of market is more tormenting than a crash: unclear direction, insufficient volatility, contract traders getting stopped out, spot traders just watching helplessly.
First, the data. BTC 24-hour trading volume is 8.63 billion USDT, about the same as yesterday, indicating no one is fleeing or rushing in.
Funding rate is 0.0068%, slightly bullish but almost negligible—both bulls and bears are just stalling, no one wants to make the first move.
ETH is weaker, down 0.57%, sliding from 2,157 to around 2,108, with no decent counterattack from the bulls.
On the other hand, BNB rose 0.73%, standing out in a sea of green, but with a trading volume of only 24 million, it’s just small retail traders playing around.
Reviewing the day’s trend, during the Asian session, BTC oscillated between 77,500 and 78,100.
After the European open, the bears attempted a probe, pushing the price down to the intraday low of 76,855, but the support held, and no breakdown occurred.
Now the price is back around 77,200, just below the pivot point at 77,274—unable to even reclaim the pivot. Bulls, do you have what it takes?
Key levels to watch closely.
The daily sell point is at 78,062, which was tested today and pushed back, indicating significant selling pressure at that level.
The daily buy point is at 76,722, less than 500 dollars from the current price.
If the night session breaks below that, there’s little support below, and the next psychological level to watch is 75,000.
ETH’s sell point is near 2,151, close to today’s high, and the buy point is at 2,104, only 11 dollars away from the current price.
ETH bulls are in an even more awkward position than BTC right now.
What about the night session? A few signals to watch:
① US stocks haven’t closed yet. If the Nasdaq plunges at the close, BTC will likely follow, testing support at 76,800 again.
② Funding rates are approaching neutral, indicating no extreme market sentiment.
In such times, the biggest risk is unexpected news—whether positive or negative—since in a low-volatility environment, a single large bullish or bearish candle can cause the most damage.
③ Trading volume remains low, which is the biggest hidden danger.
Without sufficient volume, sideways movement often ends up breaking down.
Unless there are new catalysts (policy changes, macro data, large on-chain movements), the night session will likely continue narrow-range consolidation with occasional spikes.
#TradFi交易分享挑战 $ETH