BTC last week’s weekly candle closed as a long white “headless” bullish candle. This week’s weekly chart shows a bearish pullback. The weekly remains within an upward channel. Compared with earlier periods, volume has improved somewhat. The weekly still maintains an upward structure (bullish bias, but entering a strong resistance zone).

Currently, the main pressure is concentrated in the 82800-85000 FVG gap area. Overall, the weekly is in a range-bound upward structure. If it breaks above around 82800, it may reach higher resistance zones. If the pullback holds around 77000, the weekly bulls may continue.

On the weekly indicators, MACD shows a golden cross, and RSI and cci show a bearish cross turning bullish and continue to maintain a bullish bias.

On the daily chart: yesterday closed with a large bearish candle, with increased volume, but today a bullish rebound appeared, and the bulls are starting to push back. A high-level consolidation range has formed. The upper resistance is around 82500, and the lower support is around 79200. The price has formed an ascending converging triangle structure. The market is approaching a turning-point node. For the rebound, the key resistance to watch above is 81800 (FVG downward gap). The key support below is 79200 (neckline). Currently, this is in a high-level consolidation phase; as long as the key levels are not broken, the structure continues the range-bound upward trend.

On the daily chart, MACD is becoming dull, with a risk of a dead cross.

For short-term moves, focus on the 4-hour timeframe. Short-term opportunities may be available once the timing is right.

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