Bitcoin hourly chart briefly broke through the 80830 resistance, surged to touch 81278 to hit a new high, but failed to stabilize above 80830, and has now entered a retracement correction phase.

The surge candle formed a standard shooting star pattern, with a very poor shape, clearly indicating heavy selling pressure above, with bulls struggling to advance, ultimately being suppressed by bears and falling back, signaling a top and a correction.
However, short-term correction will not happen overnight; the key level to watch is 80366, which was a previous resistance level that has now turned into strong support after a breakout.
Only a volume-supported breakdown below 80366 will extend the correction, with a potential decline toward the support zone of 79806-79461; if this support band is further broken, the correction space will open up completely, with a key level at 78434 below.
Once 78434 is broken with a solid candle and cannot be quickly reclaimed, the bullish trend structure on the hourly chart will be thoroughly destroyed, leading to lower lows and trend reversal weakening.
This rebound has already gained enough, and a technical correction is normal; alternating rises and falls are healthy for the market, and moderate adjustments are also preparing for a new round of upward movement.

Trading suggestions:
During the retracement, consider buying in parts around 79585-78443, with half position on the left side, and avoid placing orders directly; wait for clear signs of a bottom within the range before entering.
Currently, chasing longs at high levels carries high risk and is not suitable for blind follow-up.

If the market volume-supported breaks below 80402 and cannot reclaim support on a rebound, consider shorting on the right side with strict stop-loss to control risk.

If the hourly chart can effectively hold above 80777, the subsequent rebound target is in the 81309-82192 range; if it cannot stay above 80777, the upward momentum of the bulls will lack continuation strength.