Yesterday, Bitcoin surged and touched the recent high of 76,000. Afterward, selling pressure above became heavy, and momentum weakened, showing a technical pullback to near support levels for entry. The expected small profit-taking wave still played out as planned, leading to some traders exiting.

Currently, the market is in a fierce battle between bulls and bears, with a failed breakout and a retracement to support levels. At this point, attention should still be paid to the heavy selling pressure above the 76,000 level. Without strong positive catalysts, breaking through in the short term will be difficult. It’s advisable to watch for a pullback around the resistance pattern of 74,800–75,500, aiming for a dip near 73,000–73,800.