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The current market is experiencing a rebound after a sharp rise, and the bullish correction structure remains intact. Bitcoin has fallen from the intraday high of 77,699 to around 77,300, which is a normal correction confirmation. The current candlestick still stays near the middle band of the 15-minute Bollinger Bands, with solid support below, so there is no need to panic. In terms of operation, maintain the strategy of buying on dips.
Key levels:
BTC: Hold above 77,200 to keep the rebound structure intact. Resistance above is 77,700-77,800, and a breakout could target 78,500.
ETH: Hold above 2,110. Resistance above is 2,130-2,140, and a breakout could target 2,190.
If it cannot stay above 77,200 steadily, it will enter a range-bound oscillation between 77,200 and 76,000.