The most important support for Bitcoin's decline last night is the already stabilized upper region of 80,080-79,800.


This area has been tested nine times within ten days, repeatedly breaking above and falling below, but the price has never left this zone, indicating very active turnover and making it a relatively strong support and resistance zone.
The first target for the rally is 81,400-82,470, which has been tested three times and currently remains the highest untested short-term stop-loss point.
If the oscillation and turnover here are completed, the price will stay above 82,000, making it difficult to break below.
In the short term, bulls and bears are engaged in a dense battle, with bears needing a maximum price of 80,500, while bulls still require above 81,000.
Mid-term bullish activity also requires the price to stay above 81,000.
Yesterday, the attacking bears were quickly offset by the bulls, and both sides have no active offensive actions now.
The nearest point in the short to mid-term is only 83,300, where a three-month-long bear distribution vacuum continues.
Currently, the price has moved close to the previously established large position at 81,300, the short-term trend is beginning to turn upward.
Personally, I suggest closing short positions at 81,100 for now.
Within the day, consider adding long positions in batches between 81,100 and 80,800, aiming for 83,100! #ETH #BTC
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