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The price of the coin, after experiencing a round of correction yesterday, has gone through repeated shakeouts and fluctuations in the market, consciously completing the release of liquidity. From the results, it has already shown initial effectiveness.
Currently, on the chart, the first support level on the 4-hour timeframe below has been gradually confirmed by the market through long-term repeated washouts, forming a certain consensus foundation. The validity of this level is strengthening.
The intraday outlook is relatively clear. The focus is on the gains or losses around the 77,000 level. This position will become the key dividing line in the short-term bulls and bears battle, and will directly determine the upcoming market's rhythm and direction.