Bitcoin rebounded from its lows, but came under clear pressure after rising to around 77,857. It quickly pulled back, leaving a long upper wick. If you went long near the lows, manage your position carefully and take profits appropriately.
The overall weak structure has not been reversed; this rebound is merely a recovery. The price has failed to stabilize in the 77,500–78,000 resistance zone, so there is still a risk of another decline.
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