Every Mid-Autumn Festival, once a year—today I wish my dear babies a Happy Mid-Autumn Festival!
BTC price pulls back to the key support around 82800. Treat it as a pullback confirmation after a breakout, and watch for a long lower wick. Support is holding for now
After the daily chart breaks above the previous high, it has fallen for 3 consecutive days, pulling back into the area of the prior high. Upward momentum is weak—be cautious about forming a 4-hour M-top (double top)
There is a risk of divergence in the daily MACD. Once a death cross forms, it will most likely trigger a correction. Bull defense support: 82800. As long as it hasn’t broken down, stay bullish; once there is an effective breakdown, switch to short-term bearish
The worst-case scenario for a top divergence is sideways consolidation to digest it—so I think we can short another position for a move near 85100
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