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Bitcoin rebound case eyes $78,000 amid weakness; can on-chain support hold

Bitcoin briefly rebounded near a key on-chain support area, putting $78,000 in focus as a short-term target. Data cited in the report place a strong support level around $71,400, close to the realised price for 3 to 6-month holders. The next upside level highlighted is $78,200. The chart structure remains cautious, with a bearish flag forming after a drop from around $98,000. A break below the lower trendline could open a move into the $50,000 to $60,000 range.