After a sharp drop that took us down toward $74,300, we’ve seen a strong rebound candle pushing price back above $76,800. What stands out to me is how fast sellers stepped in after the brief recovery — we’re now hovering right below the psychological $77,000–$77,700 zone (that pink area you marked).
This move feels like classic late-stage uncertainty. On one hand, buyers defended the lower zone decently, showing some resilience. On the other, the inability to push and hold above $77,000 tells u...