The pancake $BTC 17 surged to 76000 after
falling back to the current low of 69500 on the 1h level
Due to breaking below the previous observation range of 73100-72800,
the strong expectation of revisiting or breaking through the 76000 high on the 19th-20th has been denied.
However, there is still a chance for a rebound to the next high.
Currently, we observe whether 69500-69000 can stop the decline,
and whether a rebound can begin tonight.
On the upper side, observe gradually:
The central axis of the 15m decline at 71200 - upper edge 72000.
If it continues to rise, we will look for a 1h upward move, targeting 73300-73800.