Bitcoin’s overall major trend remains bearish, and this key resistance level is already very clear. The suppression is at 83,000. Whether it’s the short positions placed earlier around 81,800, or shorts planning to wait for a rebound to engage later, the defense is unified at 83,300.

The drop in this round down to 79,200 is also within expectations. I’ve already closed profits at 79,500 in the short term. Since I’m a big short, there’s no plan to try to trade a rebound from 79,200. If, afterward, it can effectively hold above the 80,000 level, there is a chance for it to continue moving upward. Then on the upside around 81,000, a top setup can be considered; for more conservative traders, still participate around 81,800. For the short term, watch 79,500; for the mid-term, 74,500; for the long term, first look toward below 70,000, #BTC重返8万 .