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4.6 Bitcoin Midday Analysis
After Bitcoin filled the 81k gap, upward momentum weakened, mainly trading short on rallies.
Heavy selling pressure above 82k, brief surges are easily pulled back, and before stabilizing above 83k, the bulls will find it difficult to continue rising in the short term. The 85,500-86,000 high is unlikely to be achieved in the short term.
Market sentiment is crowded with bears, and there is a risk of short covering on the daily chart. Shorting is strictly prohibited from holding positions, with 81,600-81,900 as the short-term support/resistance line. If it stabilizes above 82k, short positions should be closed, and look for higher entries around 83,200-83,500.
Resistance at 81,700 remains unbroken, and the correction is not complete. The first support below is at 80,500; if broken, the price may test 79,500.
Trading suggestion: Short positions around 81,600-82,300 targeting the short-term support at 80,500. If broken, look for a drop to 79,500 with strict risk control; cut losses decisively and do not hold against the trend. #BTC #ETH #BTC走势分析