BTC maintains high volatility in the short term, and the trend is still bullish. The daily high hit 79500 and then pulled back. The lower support first looks at 76500, and the strong support is at the 75000 line. The upward pressure focuses on the 78300-78800 area. If it breaks through effectively, it will open up a new round of upward space. The current volume can be reduced, and the upward momentum is weakening at the margin. We need to be wary of the risk of a sharp decline after a false breakthrough at a high level. The overall adjustment has not broken the position, but the cost-effectiveness of chasing long prices has declined.