The early trading session saw a strong rally, reaching a high of around 78,300 before encountering resistance and pulling back, forming a pattern of rising then falling.

The bullish momentum at high levels has clearly weakened, buying support is insufficient, and market sentiment is gradually shifting to bearish, with prices oscillating downward and the short-term trend leaning weak.

Currently, the price has retreated to a low zone, with downward momentum slowing down. It is not advisable to blindly chase short positions to avoid missing out or getting caught in a trap.
The key resistance level is around 76,000. If the rebound cannot stabilize above this level, it is likely to continue consolidating weakly.
The critical support level is at 75,000. If the price can stabilize here and stop falling, a small long position could be taken to attempt a rebound;
If it breaks below this level and fails to recover quickly, the correction could extend further downward.

Recently, the market has experienced significant volatility due to news influences. Be flexible in trading, strictly control positions and risks, and trade rationally. #GatePreIPOs首发SpaceX #Gate13周年现场直击 #山寨币强势反弹 $BTC $GT $ETH