Traveled 80 km round trip to attend an offline crypto meetup; BTC breaks through a key resistance level, with attention on subsequent changes in trading volume

Sister U 10.9 Friday $BTC Strategy Entry conditions: Revisit the 80700–89999 range, with the 4-hour candlestick closing with a long lower wick indicating a halt to the decline, accompanied by increased buying volume providing support; after confirming stabilization, cautiously enter a small long position. Stop-loss: If the price decisively falls below 80000 and the support is completely broken, immediately abandon the long bias and exit. First take-profit target: 82800 Second take-profit target: 84000 Market logic: The market has continued to retreat from the high of 87239, and after bearish momentum was released in concentrated fashion, signs of oversold conditions have emerged on the 4-hour timeframe. After bottoming at 80351 yesterday, it quickly recovered, indicating strong buying resistance at that level. The current rebound is an oversold recovery opportunity following the decline, but heavy moving-average resistance remains overhead. Bulls can only look for a short-term rebound; a reversal cannot be confirmed directly. Funds need to re-enter and provide support when the price retests support for the rebound to have room to continue. Do not enter early to gamble on a bottom before stabilization is confirmed.

10.9 Morning Sharing the latest view on BTC’s future price trend The price fell to around 80.4K at its lowest last night The 80,000 round-number level held, and the market has already reacted The worst-case scenario in the short term is a break below and recovery of 80,000 At the extreme, it will not break below 79.3K; otherwise, much of the bull market foundation would be destroyed So we are not the only ones defending this level; some major players are as well If the rise from 75K to 87K is regarded as the fifth wave of the advance from the bottom, then 87.4K–82.5K is the A wave of the decline and correction, 82.5K–87.2K is the B wave of the correction, and 87.1K to yesterday’s 80.4K is the C wave of the correction. After the declining ABC waves are complete, the overall correction of the 75K–87.4K advance is in line with the 0.5–0.618 range; in addition, the low of 80.4K is above the 78K midpoint of the previous consolidation range, and all of this is consistent. Therefore, the target for the next stage is directly 94K–98K.