Bitcoin's price today early morning surged up to 79,489, once again testing high levels, then entered a consolidation phase in the afternoon, followed by a pullback. The market attempted to break through near 79,500 twice but failed to form an effective breakout, showing clear signs of double top resistance at high levels, with short-term bullish momentum gradually weakening.

Currently, the price is approaching the key psychological level of 80,000, but the upward push before the level is insufficient, and selling pressure at high levels continues to increase, raising the risk of a short-term correction. The overall strategy remains to follow the trend for long positions at higher levels and to consider buying on dips for short positions. The 80,000 level remains the core watershed of this round of market, and without a solid hold above it, blindly chasing the rally is not advisable.
Trading suggestion: If the 79,400-79,500 zone remains unbroken under resistance, consider directly entering short positions.
Target levels in sequence: 78,600 → 78,200 → 77,900. If the price pulls back and stabilizes within the 77,500-78,000 range, consider light long positions to participate in rebounds.
Target levels: 78,500-79,500. After two failed attempts to break higher, do not blindly chase the rally at high levels, and be sure to set strict stop-losses.
Before breaking through the 80,000 level, the main approach is to treat pullbacks as resistance, and if a strong breakout occurs, adjust the position accordingly.