A sharp decline is a "bull's return," and the bulls are about to launch a counterattack!



Yesterday, Bitcoin surged to around 81,800 before facing resistance and pulling back, with a low around 79,400. Although it looks like a decline, it is actually a healthy shakeout during an uptrend—clearing out short-term holders and repairing indicators to prepare for the next rally.

The decline was accompanied by increased volume, but no continuous large bearish candles indicating a crash, suggesting profit-taking rather than main force distribution. It quickly stabilized around 79,500 and slightly rebounded, forming a "sharp drop followed by slow rise" accumulation pattern.

Go long directly around 79,500, with the first target at 82,000, and a breakout to look toward 84,000.
BTC-1.53%
ETH-1.85%
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