BTC breaks above $80k, and the real test has just begun

I just checked and BTC has broken above $80k, up nearly 5% intraday and reaching a high of $81,104. Compared with the expectations shown in the image, $80k is no longer about whether it can break through, but whether it can truly hold above that level afterward.

This rally is not driven by sentiment alone. U.S. spot BTC ETFs recorded net inflows for consecutive days last week, totaling nearly $2 billion, with BlackRock's IBIT seeing approximately $1 billion in weekly inflows; combined with short covering, a weaker dollar, and the U.S. Treasury expanding its buybacks of long-term Treasury bonds, liquidity expectations for risk assets have improved significantly.

However, short-term profit-taking will certainly increase after the consecutive gains. Going forward, I will focus on two levels: whether $82,000 can be broken with increased volume, and whether the $78,000—$80k area can shift from a resistance zone to a support zone. If $80,000 holds, the market may continue probing higher; if it quickly falls back below $78,000, we need to beware that this breakout could turn into a bull trap.

In addition, the 2026 Jackson Hole global central bank symposium will be held from August 27 to 29, and the Federal Reserve chair's speech could once again affect the dollar, interest rates, and risk appetite.

Therefore, we cannot focus only on the headline “BTC breaks above $80k.” What will truly determine how far the market can go is whether ETF inflows can continue, whether spot trading volume can keep pace, and whether the $80,000 level can withstand a retest. #BTC突破81000美元 @Gate 广场