Based on the early morning market, Bitcoin rapidly declined to $72,900 before forming a strong "V-shaped" rebound and successfully stabilizing above $75,000. This constitutes a classic "bull trap" bullish signal. The market effectively triggered stop-losses and released short-term selling pressure through a deep correction of over 4,000 points, while also demonstrating strong buying support in the $72,000-$75,000 range, laying a solid foundation for subsequent upward movement.

From a technical perspective, the long lower shadow (golden needle bottom) on the 4-hour chart clearly shows the bulls' determination to counterattack, and the quick recovery from the key support area keeps the overall "higher low" upward structure intact. If the rebound is accompanied by moderate volume expansion and the price can effectively break through and hold above $77,000-$78,000 (the resistance zone formed by the previous support turned resistance), it will confirm a short-term trend reversal to bullish. The next target will be directly aimed at the psychological level of $80,000.

In summary, the intense volatility in the early morning can be seen as a successful accumulation phase for the bulls. As long as Bitcoin's price can maintain above the $75,000 support zone, market sentiment is expected to recover from panic and gather momentum to challenge higher resistance levels. Investors should closely monitor the defense of $75,000 and the breakout strength in the $77,000-$78,000 range. These two points are key indicators to determine whether this rebound can evolve into a new trend of upward movement. #BTC何时反弹？ $BTC