$BTC refused to break $75K despite Fed rate-hike headwinds, showing strong bids below. Reclaiming $76.5K intraday turns this into a classic liquidity grab before a bounce, though spot CVD lacks aggressive volume, so further downside after the relief remains on the table.

Key intraday levels: $76.5K and $78K. A reclaim of $78K likely sends us to sweep $83K liquidity before rolling over; if $76.5K rejects, watch $70K support below. Trade with a hard stop.