$BTC 24H After the drawdown, first look for a rebound at 80,582
Market consensus leans toward a short-term rebound; however, the 24H still fell 1.03%—what’s being overlooked is that the daily chart drawdown has not yet been reversed.
Watch: Current price 80,466, 1H +0.12%, 4H +0.25%. Only when price rises above resistance 80,582 can we say the recovery is deepening. Support at 80,257 is the risk boundary.
Invalidation: A break below 80,257, or a rebound failing to hold above 80,582, downgrades the recovery thesis to a range-bound consolidation.
Market consensus leans toward a short-term rebound; however, the 24H still fell 1.03%—what’s being overlooked is that the daily chart drawdown has not yet been reversed.
Watch: Current price 80,466, 1H +0.12%, 4H +0.25%. Only when price rises above resistance 80,582 can we say the recovery is deepening. Support at 80,257 is the risk boundary.
Invalidation: A break below 80,257, or a rebound failing to hold above 80,582, downgrades the recovery thesis to a range-bound consolidation.