After the aggressive flush toward $74,300, the market delivered a powerful rebound straight back above $76,800 — but the reaction from sellers was immediate.
Every recovery attempt near the $77,000 psychological zone is getting rejected fast, showing that bears are still defending this level heavily.
Now price action looks trapped in a tense battle between short-term relief buyers and dominant sell pressure… and the next breakout could decide the direction for the entire market momentum.