$BTC Long/short outlook + liquidation map + trade setup suggestions + technical analysis (2026.11.02:10:55)
Technical analysis: BTC rebounded slightly on Sunday evening to around $78.2–78.5K. Resistance is at $79–80K (near the 0.236 Fibonacci level), with support at $76–75K. The short-term RSI has recovered from low levels to neutral-leaning-weak, bearish MACD momentum has eased, and trading volume remains low. Price is approaching support at the 200-day moving average. In the short term, holding firm and breaking above $79–80K could signal a recovery; falling back below $76–77K would increase the risk of a move to $75–72K. Watch whether support holds and which direction the market takes at the start of the week.
Long/short outlook: Bulls: Some see support holding, with the long-term bullish outlook unchanged. Bears/cautious traders: Some remain wary of the rebound and are watching to see whether price can hold above higher resistance.
Key points on the liquidation map: Dense short liquidation zone above: $79,000–$80,000 and higher. Long liquidation zone below: around $76,000–$75,000.
Long/short trade setup suggestions:
Long: Entry at $76,500–$77,500 (scale in on a retest), or after holding above $79,000. Stop-loss: below $75,500. Targets: TP1 $80,500; TP2 $82,000–$84,000.
Short (at higher levels/on a rebound): Entry at $79,500–$80,500. Stop-loss: if price holds above $81,500. Targets: TP1 $77,500; TP2 $74,500–$72,000.
Trading framework: The main approach is to wait for support confirmation or a decisive breakout above $79–80K before entering. Risk 1–2% per trade, with leverage ≤5x. Use strict stop-losses and watch the key levels of $76–77K and $79–80K.
(For reference only; not investment advice)$BTC
Technical analysis: BTC rebounded slightly on Sunday evening to around $78.2–78.5K. Resistance is at $79–80K (near the 0.236 Fibonacci level), with support at $76–75K. The short-term RSI has recovered from low levels to neutral-leaning-weak, bearish MACD momentum has eased, and trading volume remains low. Price is approaching support at the 200-day moving average. In the short term, holding firm and breaking above $79–80K could signal a recovery; falling back below $76–77K would increase the risk of a move to $75–72K. Watch whether support holds and which direction the market takes at the start of the week.
Long/short outlook: Bulls: Some see support holding, with the long-term bullish outlook unchanged. Bears/cautious traders: Some remain wary of the rebound and are watching to see whether price can hold above higher resistance.
Key points on the liquidation map: Dense short liquidation zone above: $79,000–$80,000 and higher. Long liquidation zone below: around $76,000–$75,000.
Long/short trade setup suggestions:
Long: Entry at $76,500–$77,500 (scale in on a retest), or after holding above $79,000. Stop-loss: below $75,500. Targets: TP1 $80,500; TP2 $82,000–$84,000.
Short (at higher levels/on a rebound): Entry at $79,500–$80,500. Stop-loss: if price holds above $81,500. Targets: TP1 $77,500; TP2 $74,500–$72,000.
Trading framework: The main approach is to wait for support confirmation or a decisive breakout above $79–80K before entering. Risk 1–2% per trade, with leverage ≤5x. Use strict stop-losses and watch the key levels of $76–77K and $79–80K.
(For reference only; not investment advice)$BTC