Headline: Bitcoin clings to $75K as bear-market warnings resurface Bitcoin was trading at $75,807.15 on Wednesday, skirting the psychological $75,000 support level after failing to push past $78,000 on Tuesday. The stalled upside has reawakened talk of renewed downside risk across crypto markets. Ether showed a similar pullback. The second-largest token was turned away at roughly $2,150 on Tuesday and slipped toward the $2,000 support band. It found a short-term floor at $2,050 around 05:30 UTC Wednesday and was changing hands near $2,080 shortly afterward. Some of Tuesday’s momentum in AI-linked tokens faded overnight: RENDER, FET and NEAR each surrendered between about 1% and 3% of their gains since midnight UTC. Traditional markets diverged from crypto: S&P 500 and Nasdaq 100 futures reached record highs on Wednesday, each up roughly 0.3%, highlighting a split between equity strength and crypto caution. A key narrative to watch is market technician Tom Lee’s so-called “line in the sand” at $76,000. Bitcoin sits just under that level — Lee has said a month-end close above $76,000 would mark an end to the bear market — making the coming days and the month close important for traders parsing whether recent weakness is a pullback or the start of a deeper correction. Read more AI-generated news on: undefined/news