Awesome! BTC broke through 81,900!
BTC just surged back from 75,000 to 81,790 in one go and is now stuck at the doorway, likely because the overhead trapped supply is too heavy.
The current price is approximately 81,300–81,500. Short-term bulls have the upper hand, but price has already reached a dense resistance zone.
First watch 81,700–82,000 for resistance, with a hard wall at 82,700–83,000.
Above that are 84,300, then 88,700.
First support is at 80,500; a breakdown points to 78,500, with key defense at 76,000–75,000. As long as this range holds, the rebound structure remains intact; breaking below it would make this a false breakout, so beware of a pullback!
As for trading, don't chase the rally. The heavy-volume rebound on September 18 shows that buyers have returned, but the daily chart is hitting resistance exactly.
A safer approach is to go lightly long after a pullback stabilizes at 80,500, with a stop-loss below 78,500. Only a high-volume daily close above 83,000 would justify adding to positions and targeting 84,300–88,700.
If 75,000 breaks, this rebound trade is completely ruined. If the broader market has no clear direction, altcoin upside is clear.
#BTC突破$80000
BTC just surged back from 75,000 to 81,790 in one go and is now stuck at the doorway, likely because the overhead trapped supply is too heavy.
The current price is approximately 81,300–81,500. Short-term bulls have the upper hand, but price has already reached a dense resistance zone.
First watch 81,700–82,000 for resistance, with a hard wall at 82,700–83,000.
Above that are 84,300, then 88,700.
First support is at 80,500; a breakdown points to 78,500, with key defense at 76,000–75,000. As long as this range holds, the rebound structure remains intact; breaking below it would make this a false breakout, so beware of a pullback!
As for trading, don't chase the rally. The heavy-volume rebound on September 18 shows that buyers have returned, but the daily chart is hitting resistance exactly.
A safer approach is to go lightly long after a pullback stabilizes at 80,500, with a stop-loss below 78,500. Only a high-volume daily close above 83,000 would justify adding to positions and targeting 84,300–88,700.
If 75,000 breaks, this rebound trade is completely ruined. If the broader market has no clear direction, altcoin upside is clear.
#BTC突破$80000