Bitcoin (Big Pie) 5-8 Market Analysis and Trading Recommendations

1. Market Brief
Today, Bitcoin continues its high-level oscillation and decline pattern, with 15-minute charts showing a bullish surge followed by a breakdown and downward trend:
Price quickly drops from the recent high around 82,800, breaking through previous consolidation support, currently oscillating weakly around 80,111.
Overall structure, the previous upward impulse has completed, and it is now in a downward correction cycle. The intraday bearish trend is clear, and short-term rebounds are likely weak corrections, with further downside potential remaining.
Key resistance levels: 81,388, 82,800, 85,000; key support levels: 79,500, 78,300, 77,500.
2. Trading Recommendations (Short-term perspective, for reference only)
(a) Short positions (main direction)
First short zone: 81,500-82,000
Entry: Lightly short when price rebounds to the 81,500-82,000 resistance zone and faces pressure
Stop-loss: Above 82,500 (if price breaks above the recent high of the consolidation, abandon short idea)
Targets: 80,500 → 79,500 → 78,500 (take partial profits gradually, move stop-loss downward step by step)
Second short zone: 82,800-83,000
Entry: If price rebounds to the strong resistance zone of 82,800-83,000 and faces pressure again
Stop-loss: Above 83,500
Targets: 81,000 → 80,000 → 79,000
Break below support to chase shorts: break below 79,500
Entry: When price effectively breaks below 79,500 support, follow with a light position
Stop-loss: Above 80,000
Targets: 78,500 → 77,500
(b) Long positions (only lightly test support levels)
First long zone: 78,300-78,500
Entry: When price stabilizes after retracing to the 78,300-78,500 support zone (showing signs of stabilization), try a light long
Stop-loss: Below 77,600 (abandon long if support is broken)
Targets: 79,500 → 80,500 → 81,300
Second long zone: 77,500-77,700
Entry: If there are signs of stabilization at the strong support of 77,500-77,700 during a decline
Stop-loss: Below 74,800
Targets: 79,000 → 80,000 → 81,000