*Market Overview:* Bitcoin recovered after dropping below $81,000 yesterday and is now trading around *$83,700*. Yesterday around $774M in long positions were liquidated, which is why the market is still scared.
*Today's Performance:* Market is in a slight relief rebound: - *BTC:* +1.21% - back above $83,000 - *ETH:* +1.88% - above $2,500 - *Strongest Sector:* Layer2 +2.90% - OP +19.98% and ZK +10.69%
Everyone is in Wait & See mode because US CPI data is coming today at 8:30 AM ET / 5:30 PM Pakistan time.
*Key Levels:*
- *BTC Support:* $83,200 - $83,400 - This zone MUST hold. If it breaks, next supports are $82,000 and then $81,000. - *BTC Resistance:* If it closes above $84,000 - $84,300, it can go to $85,000 and then $86,700. - *ETH Support:* $2,400 - $2,440 - *ETH Resistance:* $2,545 - $2,580
*BERA / USDT - Your coin:* Currently at $0.224, support is still $0.2075 as I told you. If BTC holds its $83,200 support, BERA can go to $0.235.
This is just a relief rally right now, not a confirmed trend reversal. Today's CPI will decide if the market goes up or retests $81k. $BTC