[BTC Core Viewpoint | Defense and Attack at the 80,000 Level]

One-sentence conclusion: On the eve of a breakout, mainly oscillating. Spot positions remain unchanged, short-term trading is key.

Currently, BTC is stuck in a deadlock just before the $80,000 mark, with bulls and bears intertwined. In the short term, it is highly likely to oscillate between $78,000 and $80,000, waiting for macro catalysts (such as key economic data or policy signals) to materialize before choosing a final direction.

Clear strategies for different holders:

1. For spot holders: The current position is "indifferent." Do not chase highs or reduce holdings; maintain existing positions and patiently wait for a directional decision.

2. For short-term traders: There are two clear paths:

◦ Left-side buying: Look for long opportunities around $78,000, with strict stop-loss set below $77,000.

◦ Right-side chasing: Wait patiently for increased volume and a valid breakout above $80,000 before following up.

Important reminder: Currently, institutional holdings have reached a new all-time high, but this does not mean a "lack of pullback." Historically high positions are precisely potential signals of market fragility and increased volatility, so caution is advised. $BTC $GT $ETH