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Tong Ge BTC Public Strategy
Bitcoin surged intraday to the 80,366 resistance level, then pulled back under pressure, currently trading sideways around 79,600.
Key support: 79,400—79,500
Key resistance: 80,000—80,300
Trading ideas
1. If a rebound reaches 80,000—80,300 and fails to break through, consider a light short position;
Target first the 79,500 retracement, and if it breaks below, look toward 78,000.
2. If the price retraces to 79,400—79,500 and stabilizes without continuing to fall, directly go long for a rebound;
Set a stop loss below 79,000.
3. Currently, market sentiment is quite volatile, avoid heavy positions and all-in bets, strictly set stop losses on each trade, only trade with the trend, and prioritize stability. $BTC