Binance BTCUSDT perpetual is currently around 80.6k. During the overnight session, it briefly touched around 81.2k, then pulled back amid a wave of short liquidations. Volume is still there; the pace has simply shifted from a straight-up move to consolidation.
Also keep an eye on Binance Recovery Update #7: The official statement says about 98% of affected assets have been replenished using its own funds, and the latest PoR snapshot now covers 44 tokens. The full zero-knowledge proof is still expected to take around 50–60 hours before it can be independently verified. This is somewhat neutral—the progress on replenishment is good, but don’t overinterpret it as “everything is settled” before the proof is finalized.
My view: bullish on a pullback, with moderate confidence. Support is at 80000 and 78600; resistance is at 81188 and 82000. If the price pulls back to around 80000 and holds, a small long position could be considered, with a stop below 78600. The first take-profit target is 81188; if the price holds above that, then look toward 82000. If it breaks back above 81188 on strong volume, you could add a little to the position. If 78600 gives way, reduce longs and wait for the structure to develop again. Manage position size, and don’t chase near the highs.
Also keep an eye on Binance Recovery Update #7: The official statement says about 98% of affected assets have been replenished using its own funds, and the latest PoR snapshot now covers 44 tokens. The full zero-knowledge proof is still expected to take around 50–60 hours before it can be independently verified. This is somewhat neutral—the progress on replenishment is good, but don’t overinterpret it as “everything is settled” before the proof is finalized.
My view: bullish on a pullback, with moderate confidence. Support is at 80000 and 78600; resistance is at 81188 and 82000. If the price pulls back to around 80000 and holds, a small long position could be considered, with a stop below 78600. The first take-profit target is 81188; if the price holds above that, then look toward 82000. If it breaks back above 81188 on strong volume, you could add a little to the position. If 78600 gives way, reduce longs and wait for the structure to develop again. Manage position size, and don’t chase near the highs.
