$BTC Bitcoin previously defined a clear structural transition zone at 84.0-86.0k, with bulls and bears entering a critical juncture; market signals have already shown multiple signs of weakening.

From a capital perspective, open interest (OI) continues to surge, combined with shrinking trading volume during price increases, forming a typical divergence between volume and price, directly reflecting that upward momentum has significantly weakened, and the willingness of funds to chase higher is cooling down.

On the technical side, at the daily chart level, the upper and middle resistance zones of the Vegas channel are located in the 83.0-86.0k range, highly overlapping with the structural transition zone; at the same time, the RSI indicator is about to trigger overbought and bearish divergence signals. Coupled with the divergence line tool and volume distribution chart, the strong resistance core zone above is locked at 84.0-85.0k. Under multiple resistance resonances, the upward space has been greatly compressed.

At this stage, do not blindly chase longs. Long-term holders at the bottom are advised to reduce positions and raise stop-loss levels. Short-term traders should wait for the price to retrace near 812 support, confirm it does not break, and then look for low-entry opportunities, avoiding buying at high levels.

For medium- and long-term layout, partial positions can be established in the 81.0-85.0k range to build a short position base, targeting a break below 60,000. Set the stop-loss above 86.0k. If the price volume stabilizes above this level, stop-loss immediately to avoid large retracements caused by trend misjudgment. #比特币站稳8万关口