Bitcoin dipped again, probing lower and making a new low near 74,800, before a sharp rebound brought it back into the consolidation range. Overall, after a steep decline earlier, Bitcoin has continued to trade weakly and sideways at low levels, with the highs and lows within the range gradually declining. It remains in a weak structure. The first resistance above, at 76,300, is acting as a short-term ceiling. Until the bulls can hold above this level with increased volume, any attempt to rise is unlikely to gain traction.

In terms of trading, maintain a strategy of selling into rebounds. Look for signs of resistance around 76,300 and consider entering at higher levels, while watching how price tests support at the new low.
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