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Monday afternoon outlook, after some tug-of-war, another rally, Bitcoin successfully broke above the 80,000 level, and maintained consolidation at high levels. Overall, the support below is strong, the pullback is limited, and the structure and indicators still lean towards bullishness.
In the short term, focus on the support around 79,500; as long as there is no effective breakdown, the market remains in a strong oscillation pattern, and pullbacks are opportunities. The upside continues to target the 81,000-82,000 range.
Currently, the pullback is approaching the cost basis. Existing positions can be closed first, and after making room, consider low-buy entries. Since the 80,000 level has been effectively broken and the pullback is well supported, going with the trend to add low buys is safer. Just follow the rhythm.