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$BTC Bitcoin surges then pulls back for a correction, currently trading around 81,120. The price has broken below the short-term moving average support, indicating short-term bearish momentum is releasing.
The resistance levels above are concentrated in the 81,400-81,800 range, with strong resistance at the previous high of 82,788; support below first looks at the 80,800 level, and if it breaks, then around 80,500.
The 1-hour MACD shows a death cross downward, with the green bars continuously enlarging. The 4-hour price has broken below the short-term moving average, and the overall upward trend is weakening periodically. In the short term, the market is mainly oscillating with a slight bearish bias. Rebound attempts may face resistance, so consider light short positions. If support levels hold during pullbacks, then consider low-position long entries. #BTC回调