Market volatility has recently intensified. Prices have continued to fall, with Bitcoin’s lowest point briefly touching around 78700, and the price range’s amplitude nearly reaching 2000 points. The prior consolidation range has been effectively broken downward, and the trend has not yet undergone any fundamental change. Yesterday’s long-position strategy hit its stop-loss and exited; there are difficulties in controlling the short-term trading rhythm.

After the news played out, the market saw a rapid pullback, with short-term bearish momentum concentrated and released. The current price has fallen back to the key support area of the daily chart’s middle band. If this area can effectively stabilize, there is still a possibility of a rebound and a corrective move. For intraday trading, you may focus on low-level long opportunities.

From a technical perspective, the daily chart shows a pullback with three consecutive bearish candles. Near the middle-band support, buy-side demand has responded, and rebound momentum has begun to show. Overall, the upward channel structure remains intact. On the four-hour timeframe, after the price broke below the lower band, it entered a recovery phase. Overnight support at lower levels has been preliminarily confirmed. Before the market stabilizes, a slightly bullish bias can be maintained. The short-term target reference is the 81000 area; after an effective breakout, you can then look for further upside space.

Intraday reference ideas
Bitcoin: 79500 long, target 80500
Ethereum: 2250-2255 long, target 2400$BTC $ETH