According to CoinMeta, the price of Bitcoin remained around $76,000 on September 3, although it had fallen to a intraday low of around $76,264 earlier in the day. The rebound faced pressure due to weakened spot demand and a outflow of $236.5 million in US ETF funds. As of writing, Bitcoin was trading at around $77,700, representing a 1.2% increase over 24 hours. Market analyst Rain pointed out that negative demand signals could turn the support level of $77,000 into a resistance level. The current market relies more on short-term buyers, and if it falls below $76,000, it could trigger forced selling and lead to a further decline to $74,000.