Gate Research Institute: Bitcoin drops below $82,000 | Bit Digital shifts focus to Ethereum vaultCryptocurrency Market Overview
BTC (-1.35% | Current Price 81,364 USDT): BTC has shown a clear bearish trend over the past 24 hours. After spiking to $90,600 on the 29th, the price failed to stabilize and subsequently continued to decline, breaking below key support levels at $89,000 and $88,000. During the early trading hours of the 30th, there was a surge in volume as the price was pushed downward, reaching a low of around $81,000. Market sentiment shifted rapidly from cautious to panic. From a technical perspective, MA5 and MA10 have clearly crossed below MA30 and are diverging downward. The price is trading below the moving average system, indicating a dominant bearish trend. During the decline, trading volume increased, reflecting concentrated selling pressure. Currently, around $81,000 is an important short-term support level. If the price stabilizes with reduced volume, there is potential for a technical rebound, with resistance above at $83,500.
GateResearch·01-30 08:13