$BTC Evening Silk Road and Suggestions

Bitcoin has broken through the downtrend line, and the resistance zone to challenge above is 81,569-82,085. Only after breaking through the resistance zone of 81,569-82,085 will there be a chance to break the previous high of 82,828. It’s not easy to continue upward without breaking this resistance zone. Look at the shape drawn by the white line segment below—does it look like a stair-step rise? Are the highs and lows both rising? Do you still want to short? As long as your eyes aren’t 0.01 vision, you should be able to see it! In professional terms, this is a breakout followed by a pullback and then a breakout again. The first breakout was at 80,550, with a pullback confirming that the 80,550 support was effective and then continuing the rebound. The second breakout was at 80,855, successfully breaking the resistance, then a pullback to the 80,855 support, confirming support again and rebounding further. You know what to do next! As long as Bitcoin’s pullback doesn’t break below the support zone of 80,855-80,550, it won’t turn into a correction. If you really want a crash, a drop below 80k in the early morning should accelerate downward, but Bitcoin hasn’t moved that way, indicating it still doesn’t want to fall. Currently, for those holding short positions, keep holding; for those holding long positions, hold tight and wait for the flight. The chart also shows a bearish butterfly pattern, with the D point near the previous high, which is a potential reversal zone. For those who prefer to short on the left side, if the price reaches the previous high, pay attention to the price action—if it breaks through directly, you don’t need to short. Hesitating and not going higher, or a false breakout that falls back, can be shorted with half a position to catch a small correction. Remember, always observe the price action, not just the price reaching a level—this is not a proper trading method.

Bitcoin, with volume, broke through 81,282. Aggressive traders can chase long on the right side. If it drops below 80,418 with volume and fails to recover, chase short on the right side—set a stop loss properly.
On the hourly chart, Bitcoin broke and stabilized above 81,282, aiming for 82,109-82,811. If it cannot go above 81,282, it’s useless.
On the 4-hour chart, if it breaks below 80,464, look down to 79,580-78,697.

On the daily chart, look at the position indicated by the red arrow above. Hopefully, Bitcoin can break the previous high and stabilize on the weekly chart this Sunday. If it cannot break the previous high this week, there’s a high probability of forming a double top on the daily chart. A double top on the daily chart—what does that mean? Those who understand know! As long as Bitcoin breaks the previous high on the daily chart, the next target from a daily perspective is around 84,752. If it can return above 84,752, the daily upside space will reopen. Short positions must be trapped. If the pullback doesn’t break below the yellow bullish trendline indicated by the white arrow, it won’t retest the upper boundary of the flag pattern. Without retesting the flag’s upper boundary, the daily bullish trend remains healthy. There are only two chances to get out of the trap: first, a daily break below 79,500 and trading below that level; second, a rebound to the previous high of 82,800, encountering resistance and falling back. Otherwise, there’s no chance.
$BTC