The previous upward channel for $BTC has already broken down. On the 4-hour chart, the triple-push wedge indicates a top formation. If the neckline at 75700 doesn’t break, it leans toward a continuation of the upward trend; losing the neckline would open up support testing at 67000. Currently, treat it as a range-bound market: go long near the lower edge of the range and watch for resistance at the upper edge. This setup is suitable for intraday short-term contract trading. If the price continues consolidating above 75700, it suggests strong momentum as the market replaces a drop with sideways movement. In that case, pullbacks would be good opportunities to go long, and after the adjustment ends, the upward trend could resume. For now, we need to observe for a few weeks before making further judgments! Long/Short Strategies: **Long:** Buy on a pullback to 76000-75000, target 79000, stop loss at 74000. **Short:** Sell on a rebound to 79300-80300 if it faces resistance, target 76700, stop loss at 81200.