As shown in Figure 1: Blue represents the pen and center; Yellow represents the line segment and center; Purple represents the trend and center;

From the trend perspective, since the bottom of 15000, Bitcoin is currently in segment c of the trend, constructing the center of trend C, still in a bullish trend.

According to the recent pullback trend, there are two expectations in terms of direction:

Expectation 1: The support around 76000 is effective, the bears are exhausted, and the price is rising.

Expectation 2: The price continues to drop until it touches the center at the trend level, forming a 3-buy at the trend level (the upper edge of the purple rectangle in Figure 1).