$BTC Morning

Are the bears back? A new daily candlestick has closed below the resistance trend line, confirming that the price has returned inside the bearish flag pattern.

The main area of focus is currently around 80,500. If the price holds this level, we are likely to retest the local high near 82.7.

However, if the price decisively breaks below this level, it will confirm increased selling pressure, as this would break through an important support zone.

The next target I will watch is the liquidity sweep of the local low, starting from 75.8. Stabilization here signifies not only a pause but also the beginning of a recharge phase. After the night’s volatility, the midnight stage still shows a clear high-level consolidation pattern, with very limited fluctuation range. Bitcoin is hovering around 80,100, with activity around 23:05 oscillating. Those who patiently held through last night’s Silk Road event can continue to do so.

In a sluggish market, opportunities often emerge. On the four-hour chart, the trend is consolidating within the lower band of the Bollinger Bands, repeatedly showing long shadows. The market has not yet shown clear momentum to break through key levels above or below, but overall, the candlesticks are still under pressure with increasing volume. The three Bollinger Bands are being continuously pressured, forming a synchronized upward development pattern. Therefore, short-term pullback opportunities remain very attractive.

Trading Suggestions
Buy near 80,300 for Bitcoin, target down to 79,000-78,500, with a 80,600 stop-loss.
Sell near 23:10 around 81,300, target down to 22:60, 23:50 with a stop-loss at 23:50.
The above are personal suggestions; please follow Sister Lin’s strategic layout for specific actions. $BTC