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#BTC The current price is 75815. The market remains in a relatively weak, choppy pattern, with price continuing to face pressure and repeatedly testing levels below the 76000 threshold. The first near-term resistance is around 76300, with a moving-average resistance zone near 77500 above that. To reverse the weakness and create room for a rebound, the price would need to break above and hold both levels on strong volume.
The nearest support below is 75100, a key level that has been tested multiple times recently. If it breaks decisively, bears may further test buying support around 74000. Indicators show that the RSI is in a relatively weak range, and buying support is insufficient. Sentiment remains cautious, while outflow pressure from spot ETFs and ongoing uncertainty around overseas regulation continue to weigh on risk appetite. Neither bulls nor bears have enough momentum to drive a one-way move in the short term; instead, the market is more likely to keep trading within a range, with sharp wicks liable to sweep stops on either side. This is not a good time to chase trades with large positions. It is preferable to wait for the price to break out of the range and show clear signs of stabilization or a breakdown before considering a trade in the direction of the move.