It feels like this wave isn't a downward trend, but more like a consolidation before breaking 80k. Don't get too full on your positions.

Good afternoon, brothers!
✅️Market Review
Yesterday, Bitcoin's rebound was still strong, reaching a high point in nearly two months, peaking near 79,500, just shy of the 80k USD threshold. The 80k area is a strong resistance zone. Afterwards, it entered a period of correction and consolidation, with Bitcoin Cash relatively weaker than Bitcoin, moving in tandem.
✅️Today’s Market Analysis
Overall, the intraday trend continues to be a correction and consolidation. Currently, based on market data, the price is around 78,000 for Bitcoin and about 2,350 for Bitcoin Cash. A pullback from high levels is normal. There is no downward trend yet. In my opinion, after consolidation, a rebound is still likely. Even in a significant correction, it may form a double-top pattern. There are two possibilities: Bitcoin either gathers strength to directly surge above 80k or rebounds to around 79,500 before dropping again. So, be cautious about shorting at this position!
Intraday Resistance and Support
BTC 78,800 / 79,500 / 80,000
78,000 / 77,400 / 76,800
ETH 2,370 / 2,400 / 2,450
2,330 / 2,300 / 2,250
✅️Spot and Altcoins
Overall, there are no leading sectors currently. No sector's top coins are leading the rally. The main focus remains on meme tokens during the rebound.
The recent surge involved tokens like Neiro, Sats, Rats, Pepe, etc.
Let's see how it develops step by step!