Bitcoin, for the first time in three months, surpasses $81,000... Whether it can hold steady at $80k is a key milestone

Bitcoin (BTC) broke through $81,000 intraday, reaching the highest level in three months. As funds continue to flow into U.S. spot exchange-traded funds (ETFs) and investor sentiment improves, the expectation of “recapturing $80,000” has reignited.

According to foreign media reports on the 13th, Bitcoin (BTC) rose 1% compared to the previous day and is currently trading below the $81,000 mark. Ethereum (ETH) and Ripple (XRP) also saw slight increases, supporting the overall market sentiment for virtual assets.

Market sentiment is rapidly recovering. The “Cryptocurrency Fear and Greed Index” rose from 29 to 47 in a single day, significantly diverging from the average of 11 last month, which was in the extreme fear zone. However, the index remains in the “fear” category, and some analysts believe that asserting a trend reversal is still premature.

Fund inflows also provide support. The U.S.-listed spot Bitcoin ETF has seen five consecutive weeks of net inflows, with weekly inflows reaching $154 million. Although this is less than the $824 million inflow the previous week, institutional funds continue to steadily flow in amid ongoing geopolitical tensions, which is noteworthy. Total net inflows have reached $58.72 billion, with an average asset management of $103.78 billion.

Recent gains have also triggered short positions to be liquidated. When Bitcoin broke through $81,000, approximately $138 million worth of short positions were closed, while long liquidations were relatively small, about $46 million. This is interpreted as a sign that leverage bets may waver during rapid price rebounds.

Recapturing the $80,000 support level is crucial

From a technical perspective, signs of recovery coexist with resistance. Bitcoin (BTC) is trading above $80,800, with short-term momentum improving, but the 100-week moving average at $82,352 and the 50-week moving average at $85,777 remain strong resistance zones. Only by breaking through these levels can market confidence in a medium-term upward trend be strengthened.

Momentum indicators are also generally approaching neutrality. The daily Relative Strength Index (RSI) is at 48, indicating neither overbought nor oversold conditions; the MACD remains in positive territory, showing that the recovery momentum is ongoing. However, the upward energy is not yet strong, so it is still premature to consider the trend fully established.

Experts believe that if Bitcoin (BTC) can once again hold $80,000 as support, it could open the door to a subsequent rise toward the psychological threshold of $90,000. Conversely, if buying pressure weakens, the 200-week moving average at $68,061 and the trendline baseline at $65,981 will be viewed as downside support levels.

Ultimately, the key to this rebound is whether Bitcoin (BTC) can “stand firm at $80,000.” With ETF fund inflows and improved investor sentiment, the market is closely watching whether Bitcoin (BTC) can overcome short-term volatility and gain further upward momentum.

Article summary by TokenPost.ai 🔎 Market Interpretation Bitcoin re-breaks $81,000, short-term rebound momentum strengthens. ETF fund inflows and easing fear sentiment support the rally, but it has not yet entered a “fully optimistic” phase.

💡 Strategy Highlights The critical threshold is whether $80,000 can provide support. If it holds, the possibility of testing $90,000 increases; if it falls below, a correction to the $66,000–$68,000 range is possible. Whether it can break through resistance levels ($82,000–$85,000) will determine the medium-term trend.

📘 Terminology Explanation ETF: Investment product reflecting institutional fund inflows Fear and Greed Index: Quantitative indicator of market sentiment (0=extreme fear, 100=extreme greed) Support/Resistance levels: Price zones where buying/selling pressure concentrates below/above

💡 Frequently Asked Questions (FAQ)

Q. Why is maintaining $80,000 so important for Bitcoin? $80,000 is a psychological support level and a technical benchmark. Holding this price level will be seen as a sign of sustained buying strength, increasing the likelihood of an ongoing upward trend. Conversely, falling below may be viewed as a trend reversal signal. Q. How much impact does ETF fund inflow have on price increases? Spot ETFs are channels for institutional investment funds to enter directly, thus providing substantial buying pressure to the market. Continuous inflows help support the downside space and play an important role in forming an upward trend. Q. Can we now consider the market to have shifted to a bullish trend? Many opinions suggest that we are still in the early rebound stage. Although the fear index has improved, it has not yet entered a fully optimistic zone. Only after confirming a breakthrough of major resistance levels can a reliable trend reversal be assessed.

TP AI Notice: This article uses a language model based on TokenPost.ai for summarization. It may omit or deviate from the main content or facts of the original text.