⭐ BTC Today Market Update

BTC has once again risen above 80,600, and has not broken below the short-term upward trend line, indicating a sign that the short-term structure is slightly strengthening again. From the daily chart perspective, the Bollinger Bands have started to open upward, suggesting that the larger cycle rebound trend has not ended, and the price still has room to test higher.
However, on the 4-hour chart, the Bollinger Bands are beginning to contract, indicating that the short-term is entering a compression and consolidation phase, waiting for a direction choice.
At the same time, note that the daily MACD has shown signs of momentum divergence. That is, the price is still pushing higher, but the upward momentum of MACD has not increased in tandem, indicating that although this rally is not over yet, the momentum is already weakening. Continuing to push higher at this point is possible, but the further up it goes, the more one should avoid blindly chasing longs.
Currently key levels:
Resistance above: 81,000–81,700. After breaking through strong resistance: 82,800–83,200.
Support below: 80,600, 79,500. Critical defense: 78,200.
Today’s strategy:
BTC has now re-entered the key level in the short term, and the trend line has not been broken, so it’s too early to be bearish. As long as BTC stays above 80,600, there is still a chance to continue pushing toward 81,000–81,700 in the short term. But if it reaches this resistance zone again, close attention should be paid to whether there is a pullback or false breakout. Consider shorting at the resistance zone on rallies. #BTC重返8万 $BTC