Market fluctuations are unpredictable; risk control comes first, and mindset is king. Living long-term is the biggest victory in the crypto world.

Last night, Bitcoin surged then faced resistance and continued to fall, hitting lows along the way.
In the early morning, it hovered slightly at low levels with weak recovery, the rebound was insufficient, and then turned weaker again, maintaining a short-term overall sideways downward trend, with the bearish rhythm continuing.
Currently, Bitcoin on the 4-hour chart shows a typical accelerating bearish pattern: the price is at 79,719, breaking below the Vegas channel and the lower Bollinger Band.
The moving average around 81,000 forms a strong resistance with a death cross, and the order book shows obvious sell pressure with weak rebounds.
The current focus is on the previous support at 79,500; if it fails, the price could directly drop to 78,850 or even 76,825.
Only if the 4-hour candle re-establishes above 81,000 will the downtrend be broken.
In terms of trading, aggressive traders can look for short opportunities near 80,200-80,500 when resistance occurs, with a stop-loss above 81,000.
For bottom-fishing on the right side, wait for a confirmed recovery above 81,000; blindly going long before that carries high risk.
Be especially cautious of accelerated declines after volume breaks below 79,500.
Short around 80,200 with a target of 79,000.
Short around 2310 with a target of 2230.