$BTC The structure is bearish, with the price hovering around 77573, close to the resistance band overhead. The Bollinger middle band at 77429 is still moving lower, and overall, the market is in a weak rebound phase within a downtrend. In terms of flows, net aggressive selling over the past 24 hours was about 250 coins, while flows at both the one-hour and daily timeframes have continued to show net outflows. The rebound lacks follow-through from additional buying. Key levels: the upper Bollinger band around 77726 overlaps with the 20-hour high at 77750, forming the main resistance. The nearest solid support below is the high-volume area (POC) at 77355. The current price is too close to overhead resistance, and the rebound is not strong enough to reach an ideal limit-order entry, so rather than waiting for a pullback, enter a short directly at market around 77573. Place the stop-loss at 77804, above the upper Bollinger band. If the price holds above that area, it would mean the rebound has exceeded expectations and the bearish structure has failed; exit and accept the loss. The target is the high-volume area at 77355, the first meaningful structural support below, giving an estimated risk-reward ratio of about 0.9. The main risks are a burst of short-term buying that breaks through overhead resistance and stops out the short, or a sharp drop followed by a rapid rebound that triggers the stop. #BTC #BTC Price Analysis