$ETH This morning, the BTC market showed a typical pattern of high-level consolidation and a tug-of-war between bulls and bears. In the early session, price moved in a narrow range between 80,700 and 81,500. Then the bulls attempted to push upward toward the resistance level, and price briefly touched around 82,200 at the high. However, due to the lack of sustained volume support, along with heavy sell pressure above 82,300, BTC clearly met resistance after the rally and pulled back. As of this morning, the price center of gravity shifted back downward to hover near the 81,000 level for further contention, and it briefly dipped below this integer level. Overall, although the bulls showed some performance this morning, the upside breakout momentum was insufficient. Market sentiment remained cautious while waiting for key data, displaying a chart pattern characterized by “rallying to form a top” and “low-volume consolidation.”

On the four-hour timeframe, the Vegas channel’s midline around 80,568 was retested and confirmed to be effective support in the morning. Price did not break it and rebounded quickly afterward, indicating that support at this level is solid. Currently, price is running near the upper band around 81,765, and the midline is lifting upward—suggesting a complete bullish structure. Resistance overhead is first to be watched in the 81,800 to 82,300 range. After a breakout, the target is to move toward the previous high around 82,800. The key downside defense level is 80,568; as long as this level holds, the short-term bullish outlook remains unchanged. If it breaks, the structure weakens and needs to be reassessed.

BTC current price around 808 directly long, target focus on 81,800
ETH current price 2,335 directly long, target focus on 2,360