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Currently, Bitcoin is in a typical high-level consolidation phase, with the 80k resistance holding back a breakout for a long time. In the short term, I prefer to focus on rebound-based short selling, paying close attention to the pressure around 78,000. The key support level below is 73,000. As long as the structure isn't broken, it remains a consolidation trend. Once broken, the market will truly start to trend.
The resistance above is at 78,000 (short-term resistance) and 80,000 (strong resistance / watershed).
The support below is at 75,000 (short-term support), 73,000 (strong support), and 70,000 (trend boundary).
Trading suggestion: Short around 77,000-78,000 on rebounds.
* Target: 75,000 / 73,000
* Stop loss: Above 80,000
$BTC