Yesterday, Bitcoin failed to break through the key resistance level, and its trend significantly showed signs of fatigue. In the evening, it further declined and broke below the 80,000 mark, just as Silu also mentioned the precise level.

Currently, the daily MACD shows signs of forming a death cross, and the RSI has fallen back to a neutral to weak area, indicating that buying momentum is waning.
It has also broken below the 80,000 technical indicators, weakening the trend, and in the short term, the bears have the advantage.
If it cannot quickly recover above 80,600 in the short term, the correction may continue.
During the day, one can consider short positions above 80,000, watching the support or resistance at 78,500.
If support is maintained and stabilized in this area, there is still a chance for a rebound; if volume increases and it breaks below, caution is needed for the risk of accelerating downward movement to lower levels.