$BTC In the early morning, the shorts are still working overtime, and the bias is bearish.
Current price is 79,810.48, up +1.22% over 24h, but down -0.08% in 1h and -0.95% in 4h—momentum is quietly pressing lower.
Key levels:
- Support 79,723.02
- Resistance 81,478.87
Scenario:
- If the 1h price is rejected again near 81,478.87, continue to look for a retracement to 79,723.02
- If the 1h closes below 79,723.02, accelerate downward to find liquidity
- Invalid condition: the 1h closes and holds above 81,478.87—bulls regain control
Liquidity is thin in the early morning; don’t chase orders. At this spot, do you think you should take the knife, or keep waiting?
#Bitcoin
Current price is 79,810.48, up +1.22% over 24h, but down -0.08% in 1h and -0.95% in 4h—momentum is quietly pressing lower.
Key levels:
- Support 79,723.02
- Resistance 81,478.87
Scenario:
- If the 1h price is rejected again near 81,478.87, continue to look for a retracement to 79,723.02
- If the 1h closes below 79,723.02, accelerate downward to find liquidity
- Invalid condition: the 1h closes and holds above 81,478.87—bulls regain control
Liquidity is thin in the early morning; don’t chase orders. At this spot, do you think you should take the knife, or keep waiting?
#Bitcoin
