Bitcoin and most major coins are still stuck in a weak, cooling-off phase, which is bad news for anyone hoping for a quick bounce.

• Bitcoin broke below the $80,000-$82,000 support zone, and that area now likely acts as resistance on any bounce.
• A drop toward roughly $76,000 looks likely in the near term, based on where liquidations are clustering.
• Ethereum, XRP, Solana, and Chainlink are all showing the same weak pattern, so they'll likely move in step with Bitcoin.
• The Nasdaq is also looking shaky, and stocks tend to drag crypto in the same direction.
• A slight silver lining: a possible early reversal signal is forming on both Bitcoin's weekly chart and the Nasdaq, but it's not confirmed yet.

Outlook: Expect more weakness and a possible drop toward the mid-$70,000s for Bitcoin this week, with altcoins following a similar path, though the longer-term trend is still viewed as bullish.

## Bitcoin Levels

• **Bias:** Bearish short-term, bullish long-term
• **Buy / accumulate:** Near $75,000–$76,000 support zone for longer-term holders
• **Support:** $75,000–$76,000 (key); deeper at $76,200–$76,300 (liquidity target)
• **Resistance:** $80,000–$82,000
• **Targets:** $76,200–$76,300 (downside liquidity grab target this week)