After adjustments over the weekend, Bitcoin still holds in a high-range sideways oscillation. It reminds investors to take a “sell high and buy low” approach around the 80,000 to 82,000 range. As expected, the market has retraced to around 80,000, with price capped near 82,000. The roughly 2,000-point swing has ample room.
Looking at the current situation, the overall rhythm appears to have pulled back to the lower edge of the box, then quickly recovered. Institutional buy orders have provided solid support. On the daily timeframe, the moving averages are in a bullish alignment, and the broader uptrend has not been broken. Although the price surged to 82,000 in the morning and faced short-term pressure to pull back, the bullish structure remains intact. In the near term, keep an eye on whether 80,000 can hold firm; you may accumulate around this level. Potentially even around 82K or slightly above.
Looking at the current situation, the overall rhythm appears to have pulled back to the lower edge of the box, then quickly recovered. Institutional buy orders have provided solid support. On the daily timeframe, the moving averages are in a bullish alignment, and the broader uptrend has not been broken. Although the price surged to 82,000 in the morning and faced short-term pressure to pull back, the bullish structure remains intact. In the near term, keep an eye on whether 80,000 can hold firm; you may accumulate around this level. Potentially even around 82K or slightly above.
