I tend to retest 76500 for Bitcoin; whether it can rebound depends on whether strong demand emerges during the retest. Yesterday’s daily candle showed high volume with a large bearish candle, pushing prices back below 80,000—this invalidates the previous breakout above 80,000. We are now back in the 76,500–80,000 range, and the major bearish signal is fully confirmed. On the 9h chart, a high-volume pinbar bullish candle appeared at 76,500, indicating some demand entered here, but whether this demand is sustainable remains to be seen. The 4h chart also showed a high-volume bullish candle after the pinbar at 76,500, but subsequent demand failed to hold, leading to a slight rebound followed by further decline—this is my basis for expecting another downward test. On the 1h chart, after dropping to 76,500, minor demand was weak, and the bounce lacked volume. The demand observed on the 4h and 9h charts occurred because of the massive bearish candle that preceded it; we cannot ignore the lack of follow-through buying afterward. If strong demand emerges upon retesting 76,500, a rebound is likely, targeting the resistance zone of 79,500–81,000—then we’ll observe price reaction and whether selling pressure appears there. #BTC