Xfire Research Institute stated that Bitcoin recently made a rapid reversal from its lows and surged to around $77,000. After approaching previous highs, it has maintained consolidation, showing some early bull market characteristics. However, part of this rapid rise was driven by short covering and liquidation, so it’s not yet fully confirmed that long-term spot buying has returned. In the short term, BTC resistance levels to watch are $78,500–$82,000, with support levels at $72,400–$73,500. Looking at the mid-term, factors like reallocating funds from crowded AI trades, clearer U.S. regulations, and the tokenization of traditional financial assets could become key drivers for the next phase of the crypto market. Xfire Research Institute has been consistently highlighting the high-value zone in the market since mid-May and reiterated this view twice near $60,000 BTC on July 6 and 13. https://(wublock123.com)/news/news-67148