Bitcoin rebounds from lows and consolidates, currently trading around 80,747.


The price has rebounded above the short-term moving average, and short-term bullish momentum has somewhat recovered.
Resistance levels are concentrated in the 81,200-81,700 range, with strong resistance at the previous high of 82,849;
Initial support is at the 80,300 level, and if broken, look toward around 79,900.
The 1-hour MACD red histogram has shortened, indicating diminishing upward momentum.
The 4-hour price is in a range-bound oscillation, with the overall trend still leaning toward sideways but slightly bullish.
In the short term, focus on oscillating and slightly bullish strategies;
If the rebound faces resistance, consider light short positions;
If support holds during pullbacks, consider low-buying positions.
BTC0.7%
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