This morning, Bitcoin sharply dropped from the 82,479 peak to 78,754, then quickly rebounded after being oversold. It has since pulled back to around 79,570. This round of decline was affected by the U.S. CPI data coming in above expectations, which has increased short-term market volatility. The oversold correction-and-rebound setup has already started.

From a technical perspective, the key support level at 79,300 has held firmly. There is sufficient room for short-term oversold correction. The overall market is mainly consolidating and repairing, so there’s no need to panic excessively. The bullish trend has not been broken.

**Long entry range:** If the price pulls back to the 79,400–79,500 range, you can enter with a small position. Don’t chase the price up. If you already hold long positions, you can continue to hold and observe.

Do not go all-in with heavy sizing. Trade steadily. Long-term stable profitability is the core. The follow-up market rhythm will continue to be monitored.$BTC ‌