As BTC continues to fluctuate around $77,000, a short-term outlook suggests that the $75,000-$77,000 range will act as a key support level. According to CoinDesk, Tim Sun of HashKey Research stated, "The recent decline is not due to a structural trend reversal but rather increased volatility caused by leveraged liquidations. With macro variables such as rising US 30-year Treasury yields, oil prices, inflation concerns, and US-Iran tensions limiting new capital inflows, a defensive sideways trend is likely to continue for the time being. If tensions between the US and Iran significantly ease, oil prices and inflation expectations could fall, and BTC would have room to rebound," he analyzed.
