You need the courage to reset to zero, and also the confidence to rise again after resetting.

Last night, Bitcoin's movement was a typical rebound followed by a pullback, with high-level oscillation. The price attempted to break above 78,500 but failed to stabilize, then retraced all the way down to around 77,300 for consolidation, overall being suppressed within a narrow range of "no follow-up on the rise, support on the decline," with bulls and bears stalemated but momentum relatively weak.

On the four-hour chart, Bitcoin shows a bearish structure with lower highs and weak rebounds. The price is suppressed below the midline around 77,758 and has yet to recover, with strong resistance around 79,474. Currently, it is weakly consolidating at around 77,300. If the support at 76,500 breaks, it is likely to accelerate downward toward 76,000 or even lower, into the 74,000-73,000 range. The overall strategy is to mainly short on rebounds encountering resistance, not to chase shorts, and patiently wait for the price to retest the midline or resistance zone for confirmation of suppression before entering.

Bitcoin short around 77,800 target 76,300
Token at 2,340 short target 2,280
$BTC $ETH