$BTC is now at 79,806, 24h +0.50%.

The high and low during this period are 79,862 / 79,383, with trading volume of 690 million USDT.

79,383 is the key support to watch right now; if it breaks, there will be no obvious buying support below. On the upside, 79,862 is the resistance for this move. Before it breaks above that level with volume, any rebound can only be treated as a rebound.

Liquidity is relatively thin at this time, so prices can easily be pushed around by small orders. Sudden spikes and V-shaped moves are nothing unusual. If you do act, place limit orders instead of chasing market orders, and don’t set your stop loss too tight.

Wait for signals, not feelings.

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