Currently, the Bitcoin bullish pattern is stable, with the price holding above the 80,000 level and continuing to strengthen, and the daily bullish trend persists.

All moving averages are diverging upward on the technical side, indicating sufficient bullish momentum; slight pullbacks are normal for ongoing upward movement.

Institutional spot funds are maintaining steady inflows, and the continuous locking of whale positions is reducing circulating chips in the market, continuously squeezing out the bears and further pushing the price higher.

With macro market risk aversion demand supporting, overall liquidity remains relatively loose, and multiple positive factors are resonating with each other.

In the short term, the market maintains a oscillating upward trend; pullbacks are excellent opportunities for low-cost entry. Support is referenced around 80,000, with continued expectations of breaking higher, and the upward space is fully open.

Above 80,000, target 83,000, with a stop-loss at 79,400.