The market continues to trend downward, with prices probing lower and testing support at 79000. Short-term oversold signals are clear, and technical rebound demand is gradually building. The market has entered a tug-of-war between bulls and bears at a key support level. The area around 795 is considered strong short-term support. Bearish momentum is temporarily waning, leaving room for an oversold rebound, so we are positioning for a long.
Go long on Bitcoin near 80000, targeting 83000$BTC $ETH
From the chart, short-term resistance is at 8400, and there are large sell orders below 80000. The bias at the current level is bullish. The target could be above 83000.
The market pulled back to test support around 80,000 as expected, then began a technical rebound. Price action is in line with expectations; after the pullback tests support, continue positioning for a long.
Go long on Bitcoin near 80,500, targeting 83,000$BTC $ETH
Bitcoin has pulled back more than 2,000 points from its high, and bearish momentum has largely been released. The 82,000 level, the neckline of the previous breakout range, is the key support for this rebound. After a confirmed retest, a technical recovery rally is likely to begin. If it stabilizes, consider entering a long position to capture a rebound after the correction.
Go long on Bitcoin around 81,550, targeting 84000$BTC $ETH
Bitcoin has hit resistance at 85,000 on both the 4-hour and 1-hour charts. I mentioned earlier that if it tested this range again, it could signal a potential market reversal. Going forward, I’d favor buying dips.
Long Bitcoin near 82,400, targeting 84800$BTC $ETH
Bitcoin rose and then pulled back during yesterday’s day session, before rallying again when U.S. markets opened in the evening.
After the market reached the anticipated resistance zone, prices across the board came under pressure and pulled back, validating strategies across multiple assets. The key to trading is to patiently wait for critical levels.
Go long on Bitcoin around 82500, targeting 84000$BTC $ETH
Last week, BTC saw a swing-market rebound from overall oversold conditions. The weekly candle closed bearish with a long lower shadow, marking a shift from a concentrated release of negative factors to a recovery in sentiment. After bearish momentum was largely flushed out, the market entered a temporary breathing window.
Go long near 82500 on BTC, targeting 84000$BTC $ETH
Yesterday, the market bottomed and rebounded, then surged before pulling back, trading in a wide range throughout the day. Go long on a retest of support.
Go long on BTC near 83500, with a target of 85000$BTC $ETH
Yesterday, the market continued to fluctuate around 830, with the trading range narrowing. This was a recovery move following the decline, and support below remained solid.
Go long on Bitcoin near 83300, targeting 85000$BTC $ETH
Looking at the daily chart, the current price has fallen back below the short-term moving averages, while the medium- and long-term moving averages are still trending upward. This suggests that the larger-scale uptrend has not been completely broken, and the short-term structure is entering a deep pullback.
Go long around 82500 on BTC, target 85000$BTC #ETH
This drop is just an intentional dump to wipe out stop-loss orders below. Once the bearish pressure has been released, the market could rebound at any time; the overall trend hasn’t turned bad.
Go long on Bitcoin around 82100, targeting 85000$BTC $ETH
Over $400 million in long positions were liquidated in Bitcoin in one hour! Do you understand this sudden plunge? There was no bad news at all—the market plunged without warning. Although the drop doesn’t look particularly large, the speed was insanely fast. This is a classic violent bull-market wick hunt! After the price was smashed down, buyers immediately stepped in and quickly recovered some of the losses. This isn’t a crash. Don’t chase shorts! After a sharp wick-down like this, the rebound can be just as violent, so chasing shorts can get you hit from both sides.
Go long on Bitcoin near 82,600, with a target of 85000$BTC $ETH
The sharp drop earlier shook out the bulls. The price didn't continue breaking below the area around 860; instead, it quickly pulled back, which shows there is still buying support below. The price is now back near the moving averages, and the short-term momentum is starting to turn bullish again.
Go long on Bitcoin around 84100, targeting 86000$BTC $ETH
Overall, it is still trading around 85,500. Bitcoin continues to face some pressure, and long and short positions are also relatively crowded. A wave of $BTC cannot be ruled out next.
On the weekly chart, after pulling back from the 87,000 high, BTC has been fluctuating around 85,000—a key level where bulls and bears have repeatedly battled.
The big pancake is fluctuating but relatively strong. The 85,000 mark is the key. The big pancake has been rebounding continuously from the 83.8 area, and is now back around 84.8. In the short term, the bulls are in the process of repairing.
Going long on the big pancake around 84,600, aiming for 86,000—$BTC $ETH
The consolidation near the daily line is just to shake out those weak bulls. In this kind of situation, I strongly do not recommend setting up short positions. If this time it can hold steady above 8300, then it will continue to have the momentum to challenge the previous high. Hasn’t it been building a bottom for so long just for this moment of the rise?
Go long near 84500 on BTC, looking for 86000$BTC $ETH