#GateSquareMayTradingShare



Bitcoin's structure remains moderately bullish, but is undergoing a correction after failing to break through the 82.8k area. Brief analysis: Current price around 79.7k MA5 falls below MA10 → short-term momentum weakens MA30 remains below price → major 4H trend is still not fully bearish There is a strong rejection at 82.8k → strong supply/resistance area Key areas: Near support: 79.3k–79k Strong support: 78.1k If it breaks 78k, a drop to 76.8k–75.5k is likely Resistance: 80.8k then 82.8k Scenario: Bullish rebound If BTC holds above 79k and buying volume enters: rebound target: 80.8k Can continue to retest 82k+ Continued bearishness If the 4H candle closes strongly below 79k: Potential for a further dump to 78k then 76k area For entry: Long positions are relatively safe near the 78-79k support level with a tight stop-loss (SL) below 77.5k. Short positions are safer if the price fails to reclaim 80.5k or breaks down below 79k. Currently, this appears to be a healthy correction phase rather than a major reversal, but short-term momentum is indeed weak.
BTC-1.72%
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ShainingMoon
· 1h ago
good information 💯💯
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ShainingMoon
· 1h ago
To The Moon 🌕
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ShainingMoon
· 1h ago
To The Moon 🌕
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ShainingMoon
· 1h ago
2026 GOGOGO 👊
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Renat34
· 5h ago
2026 GOGOGO 👊
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