Based on the one-hour cycle trend in the afternoon, Bitcoin initially surged to around 81,268 in the morning but failed to sustain the strong upward momentum, then entered a phase of high-level resistance and pullback. The price oscillated downward above 81,200 and is currently trading around 80,800, showing a profit-taking pattern after the surge. The consecutive bearish candlesticks also indicate that selling pressure above is gradually easing, and the price is testing the key support zone after the morning rally. Both bulls and bears are now engaged in a struggle near the previous rally point.

During the afternoon decline, the price never effectively broke below the critical support zone of 80,600-80,400 established during the morning rise. The lowest retracement only touched above 80,600, and it did not break below the core bullish defense level of 80,364. This indicates that the buying strength remains solid, and the current pullback is a healthy correction within an uptrend, not a trend reversal signal. From the high of 81,268 to around 80,800, the retracement is about 400 points, which has not consumed most of the morning's gains. This small decline is more conducive to the accumulation of bullish momentum rather than signaling a bearish trend. Overall, the bullish rhythm remains intact.

Trading Suggestions
Buy near 80,600-80,300, target 82,000
Buy near 2,280-2,260 for Ethereum, target 2,340