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BTC dropped to 77,850 over the weekend.
Two days ago, it was still at 81,999.
Everyone is asking the same question: Will it fall further?
Let's look at the facts:
First, the 80k level has shifted from a "strong support" to a "strong resistance."
After the last drop below it and a rebound to 81,999, it was slapped back down.
Currently, above this level are trapped positions, below are panic sellers.
Second, weekend trading usually has more traps—low liquidity—
a single 20 million USD order can break through a dozen-dollar stop-loss walls.
Yesterday’s sharp decline was widely interpreted as a "trend reversal,"
but the low liquidity over the weekend amplified the volatility.
Third, the decline in altcoins is even more frightening.
NAORI dropped 46% in two days, LAB fell 32%.
The real smart money isn’t watching whether BTC can hold 78K,
but whether, with altcoins falling like this, there are still buyers willing to step in.
This week’s key variable: Can BTC recover to 80K before Monday’s open?
If it can’t, the next target is 75,000.
Weekend trading strategy: just one rule—control your hands.
Wait until the Asian market opens on Monday, then decide based on volume.