Today, Bitcoin on the 15-minute chart shows an overall pattern of sharp rises followed by pullbacks and oscillating downward movement. During the day, it first tested the high near 82,098 resistance, then continued to weaken, oscillating downward and touching a low around 80,360. In the short term, it found slight support at the low and rebounded slightly. Currently, the price hovers around 80,555, with the overall moving averages continuing to diverge downward, indicating a bearish trend. The rebound strength is weak, and the day has shown a clear stepwise decline pattern.

On the four-hour chart, Bitcoin faced obvious resistance after rebounding above $82,800 and has been unable to break above $80,600. The highs are decreasing, and the lows are testing the $80,000 level, forming a typical weak structure. Although there are occasional small rebounds, buying momentum remains weak, and the price stays below the midline. Coupled with persistent net bearishness, it suggests the market is more inclined to seek support downward in this cycle. As long as it cannot recover above $81,500, the four-hour chart will continue to trend sideways downward. Focus on whether the $80,000 level can hold; if it fails, the decline will accelerate.

Bitcoin around 81,000 short position target at 80,000 support level
Position around 2,300 short target at 2,240