15-Minute Level Bitcoin Market Analysis


Bitcoin's current price has fallen from the high of 82,098.9, breaking below the middle band of the Bollinger Bands (81,597.5). The Bollinger Bands are opening downward, indicating a clear short-term bearish trend;
It previously found brief support at 80,394.0 and is now in a weak oscillation.
Mainstream coins like ETH and SOL are also declining simultaneously, and the overall market is bearish, with weak bullish sentiment.
Bullish Strategy Analysis:
Entry Range: 80,400 – 80,600 (when retesting and stabilizing at the previous low)
Profit-taking Targets:
First target: 81,200 (rebound to the short-term resistance level, take profit first)
Second target: 81,600 (rebound to the middle band of the Bollinger Bands, further rebound target)
Stop-loss point: 80,200 (break below the previous low, signaling continuation of the downtrend) #币圈# Blockchain
BTC0.32%
ETH-1.13%
SOL0.75%
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