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Today’s Bitcoin:
After the surge, Bitcoin generally maintained a sideways consolidation yesterday, with significant volatility in the US session tonight. It briefly tested the 76,000 level before falling back to around 73,700.
From the market structure perspective, the 75,500-76,000 range has formed a double top resistance, and the daily candle closing bearish also indicates that the bulls lack sufficient momentum to push higher. The rebound strength continues to weaken, and the overall strategy moving forward is biased toward a higher range layout.
Operational reference:
Gradually buy in the 75,000-75,500 range,
Targeting 73,000-72,000.
Stay cautious.