$BTC 80k didn’t hold, but the short-term 79,200 shows signs of stabilizing—it's not the kind of one-way downward smash. You can first test with a small position; don’t go all-in.
If it pulls back to around 78,300—i.e., the POC area from 78.3k to 78.8k these past two days—then consider adding, not chasing this current move.
Up top, it’s still the old problem: 81k spot has sell pressure, and that large order near 80,800 is still there. Until it’s absorbed, treat it as resistance rather than a new breakout starting point.
When the U.S. stock market opens, we’ll likely watch whether price can be pushed back to 80k. If it gets back to 80k, look for continuation higher; if it can’t, then it’s still a range.
If it pulls back to around 78,300—i.e., the POC area from 78.3k to 78.8k these past two days—then consider adding, not chasing this current move.
Up top, it’s still the old problem: 81k spot has sell pressure, and that large order near 80,800 is still there. Until it’s absorbed, treat it as resistance rather than a new breakout starting point.
When the U.S. stock market opens, we’ll likely watch whether price can be pushed back to 80k. If it gets back to 80k, look for continuation higher; if it can’t, then it’s still a range.
