Bitcoin is trading within the 76,000–78,600 USDT range as the market anticipates potential liquidity improvements with the swearing-in of Fed Chair Warsh on May 20. Despite a drop in the Fear & Greed Index to a 2026 low of 25, the number of wallets holding 100+ BTC has risen by 11.2% year-over-year to 20,200, suggesting continued institutional accumulation. Technically, Bitcoin's recovery remains weak, with bearish exhaustion and declining bullish volume. The 4-hour chart indicates lower highs and price pressure near the EMA7, while the daily MACD shows a death cross. Key support levels are at 76,400 USDT and 75,000–75,500 USDT, with resistance at 77,800–78,200 USDT and 79,000 USDT.