5.4 Bitcoin Market Outlook: Facing Resistance During Rally, Weakness Signals Increasing



The Bitcoin price tested resistance again in the early session, briefly approaching the 80,000 level, but quickly pulled back after the surge, currently retesting support and consolidating. From the trend perspective, this upward move seems more like a pressure test rather than a genuine breakout.
Looking at the 4-hour timeframe, the short-term bullish momentum is clearly weakening. Although there was an upward push, it lacked sustained volume follow-through. After the peak, the rally lost momentum, indicating that selling pressure above remains heavy. The market repeatedly rises and falls back, essentially a manipulation by funds to sell into the rally, with insufficient market absorption.

Currently, the market is in a small-range consolidation, but the momentum has already started to weaken. Multiple attempts by the bulls to push higher have failed to hold key levels, and control is gradually shifting toward the bears. Once the consolidation ends, there is still room for a pullback.

Today's trading strategy is mainly to short on rebounds, cautious about chasing longs.
Reference range: around 79,800 - 80,000, consider partial short positions; strong resistance area above 80,300 can be used for additional shorts. If the price firmly breaks above 80,300, short-term shorts should be adjusted promptly. A failure to hold the rally indicates weakness; rebounds offer opportunities, but the main trend remains shorting.
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FinancialSunshine
· 6h ago
5.4 Bitcoin Market Outlook: Attempted Surge Meets Resistance, Weakening Signals Increasing

In the early session, Bitcoin once again tested resistance above, with the price briefly approaching the 80,000 level, but after the surge, it quickly pulled back and is now retesting support levels. From a trend perspective, this upward move seems more like a test of resistance rather than a genuine breakout.
Looking at the 4-hour timeframe, the short-term bullish momentum is clearly weakening. Although there was an upward push, there has been no sustained increase in volume, and the subsequent rally lacks strength, indicating that selling pressure above remains heavy. The market repeatedly pushes higher and then pulls back, essentially a move by funds to shake out weak holders, with insufficient market absorption.

Currently, the market is in a small-range consolidation, but the momentum has already started to weaken. Multiple attempts by the bulls to push higher have failed to hold key levels, and control is gradually shifting toward the bears. Once the consolidation ends, there is still room for a pullback below.

Today's trading strategy is mainly to short on rebounds, with caution when chasing longs.
Reference range: around 79,800 - 80,000, consider partial short positions; strong resistance area above 80,300 can be used for additional shorts. If the price firmly breaks above 80,300 and stabilizes, short-term shorts should be adjusted promptly. A failure to hold the surge indicates weakness; rebounds are opportunities, and shorting remains the main trend.
#Federal Reserve keeps interest rates unchanged but internal disagreements intensify $BTC
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