Core Support Logic for the Bullish Trend (Rebound Momentum)Bitcoin / U.S. dollarBITSTAMP:BTCUSDTheodoreHall# Core Support Logic for the Bullish Trend (Rebound Momentum) 📈 1. Intact Daily Bullish Trend with Layered Support: Since the rebound from $74,694, daily lows have gradually risen, and the upward trend line remains intact, maintaining a healthy medium-term uptrend structure. Solid support is found at $77,000 (strong hourly support, lower edge of yesterday's consolidation) and $76,500 (lower Bollinger Band on the 4-hour chart, area of concentrated institutional cost). A rebound is highly probable. 🏦 2. Strong Buying Power Supporting the Institutional Cost Zone: ETFs have seen long-term cumulative net inflows. The $76,000-$77,000 range represents the core cost zone for BlackRock, Fidelity, and other institutions, resulting in concentrated buying pressure and limited selling pressure. Large whales have maintained stable long-term holdings, and their exchange balances are low, indicating a scarcity of circulating shares. The pullback is likely a shakeout rather than a reversal. ⚖️ 3. Exhausted Bearish Momentum, Strong Demand for a Rebound: After two consecutive days of pullback, the short-term RSI is approaching oversold levels, indicating weakening bearish momentum and a potential for a technical rebound. 🎯 4. Precise Support Range (Core Buying Opportunities on Pullbacks) First Support (Core): $77,000-$77,200 (Strong hourly support, lower edge of the consolidation range, 85% probability of stabilization) Second Support (Strong): $76,500-$76,800 (Lower Bollinger Band on the 4-hour chart, institutional cost zone; a break below this level would deepen the pullback) Third Support (Extreme): $76,000 (Strong daily support; a break below this level would likely lead to a test of $75,000)