This wave of 80,750 liquidation is very wise, just hitting the 24-hour high pressure zone, perfectly realizing a profit of over 1,500 points.



From a technical perspective, BTC is currently in an uptrend but in a tricky position— the 4-hour EMA three-line bullish alignment confirms the main direction upward, but the price has already touched the Bollinger upper band and the previous high of 80,859, creating a double pressure zone, making chasing profits with a poor risk-reward ratio. The morning star pattern that just appeared on the 15-minute chart is a typical contrarian small rebound signal, indicating support below but also heavy selling pressure above.

The most prudent strategy now is to stay out of the market and wait, until the price retraces to the dense support zone of 79,500-80,000, then combine it with the 15-minute golden K signals (engulfing, hammer patterns, etc.), at which point the long opportunity would be a high-probability trade with a small countertrend, and the score can easily reach above 60 points. Entering the market forcibly now is very likely to get stuck in the middle, neither up nor down.
BTC1.3%
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