Price breaks above the cost upper band and holds steady, piercing through the short-term bearish pain points formed during the earlier push higher. After today’s quick rebound, a short-term accumulation vacuum zone has formed because of the two bullish K-lines above, roughly near 77.2/76.3k.

Additionally, Bitcoin has broken through 77k and eaten the order wall formed at yesterday’s high point. Now there’s hardly any remaining sell pressure. So when sell pressure is insufficient, strong demand will be provided here—both the holding point and the structural support should be shifted upward from yesterday’s 74-75k to this level.

Summary:
- The trend cost band holds steady along the upper band, giving the bulls room to continue. After the pain points are cleared, it will extend above 79k.
- The support zone moves up, with the bottom around 763 as an important defense point in the current phase. Even if it breaks below, the overall trend still points upward.
So today’s thinking is relatively simple: after the extension is completed, wait for a pullback to the entry point above 79k; below 76k can be used as a new buy zone.