Bitcoin is still consolidating narrowly near the lows, within the 75500–76500 range. Rebound highs within the range have edged lower, with clear resistance near 76500, indicating weakening bullish momentum. Watch how the 75500–75000 support zone holds; if the previous low is breached, the next level to watch is around 74000.
For trading, stick with the intraday strategy of selling into rebounds. More cautious traders can mainly stay on the sidelines and wait for a breakout from the range before following the move. Manage position sizes carefully and use stop-loss protection.
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