Is the multi-head reversal a rebound or a trap? BTC breaks through the 80k mark, and today’s life-and-death line has been drawn!

Brothers, is your heartbeat racing? Bitcoin King has finally crossed the epic psychological barrier of 80k. The current price is 80,719.07. Many are asking: should I chase after the breakout, or stand guard at the high? Don’t panic, let’s directly analyze the hardcore data on the 1-hour and 4-hour charts to help you confidently and accurately grasp today’s market situation.

Core Market Analysis

  1. Four-hour (4H) Major Trend: Bullish dominance, sleep divergence Pattern: The 4-hour timeframe is currently showing a clear upward channel. BTC has successfully stabilized above the 80,000 mark, meaning the previous strong resistance has now turned into support.

Momentum: Although the price has reached new highs, the 4H RSI has entered the overbought zone at 75-80. This indicates strong short-term explosive power, but a technical pullback could happen at any time to confirm the 80,000 support.

Key Levels: The first resistance above is around 82,500, and the key support below is between 79,500 and 80,000.

  1. One-hour (1H) Short-term: Range-bound at high levels, gathering strength Trend: The 1-hour chart shows the price oscillating around 80,500, a typical “sideways instead of falling” pattern. This kind of movement usually indicates bulls digesting market capitalization.

Signal: If the 1-hour closing price can stay steadily above 80,600, there’s a high probability of another upward surge during the day. Conversely, if it drops below 80,300, a short-term correction will be triggered.

Today’s Trading Strategy

If opening at market price, our main approach is “trend-following, strict risk control.”

Direction: Long

Entry point: 80,719.07

Stop-loss: 78,701.09

🎯 Take-profit targets:

First take-profit: 82,333.45

Second take-profit: 83,140.64

BTC-1.22%
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