$BTC Last night, the breakdown was not confirmed.

After not falling below 79,750, the price rebounded above 80,350, the 1H MACD turned positive, and the short-term correction has begun.

But it's not yet safe to say the bulls have won.

Because:

• 4H still hasn't stabilized above 80,734
• 81,130 still hasn't been reclaimed
• The daily chart is still below the MA200 (82,880)

So currently, it's just a "false breakout correction," not a breakout.

Next, focus on 81,130.

If volume increases and it breaks above, then pulls back to 80,760 without breaking, the short-term correction will be confirmed, and the next target is 81,640-82,880.

But if it reaches 80,760-81,130 and can't go higher, and the MACD turns downward again, then it's likely a failed rebound, and the bearish logic remains.

Keep an eye on 79,750 below.

As long as this level isn't broken, the bear trend hasn't truly broken down.

If it falls below 79,750 and can't return above 80,350, then look at 79,400-78,325 below.

Don't rush to chase now.
BTC is still in the correction observation stage.👀