#比特币反弹 The trend you've seen these days of "rebound then falling again" is actually the result of the bulls failing to break through a key resistance level.

📊 What happened?

Just yesterday (April 22, 2026), Bitcoin indeed experienced a strong rebound:

· Price performance: It briefly approached $79,486, hitting an 11-week high.
· Buying momentum: Mainly driven by institutional funds entering the market. The US Bitcoin ETF has seen continuous net inflows for several days, with holdings at BlackRock alone surpassing 800k coins; at the same time, about $200 million worth of short positions were liquidated, boosting the price.

⛔ Why did it fall again?

Although the rally was strong, it hit a "metal ceiling" at the $80,000 mark:

· Strong resistance: $80,000 is the average cost basis for short-term holders, many of whom will choose to sell to cut losses, creating significant selling pressure. After reaching a high of $79,486 yesterday, the price pulled back because it encountered this strong resistance zone.
· Nature of the rebound: Analysts generally believe this is a "bear market rebound" or a "fragile stabilization" phase. While buying support exists, the overall environment (such as geopolitical tensions and miner selling pressure) has not fully reversed.

💎 What to watch next?

Short-term trends mainly depend on two signals:

· $78,333: This is a current short-term support level. If the price can hold here, there’s a chance to push again toward $84,000; if it breaks below, it may retest the support at $70,934.

Overall, Bitcoin has shown resilience thanks to institutional buying, but the psychological and selling pressure around $80,000 is still significant. Keep an eye on whether this level can be broken with increased volume.