Morning, the market is pitifully quiet, has the pancake double top? [BTC Daily Analysis]
Support/Resistance
• Support 1: 80,000 (24h low + psychological level)
• Support 2: 78,000 (previous low extension)
• Resistance 1: 85,898 (MA7)
• Resistance 2: 86,500 (24h high)
Intraday Analysis
• Bearish control: Current price 81,197, MACD death cross (DIF < -DEA), RSI all periods < 40, oversold but no reversal signal yet.
• Key defense: If 80,000 breaks, it may accelerate the drop to 78,000; if it rebounds and holds above 82,000, it may test 85,000 in the short term.
• Low trading volume: VOL far below MA5/10, main players are on the sidelines, rebound needs volume to break resistance.
Trend for the Coming Week
• Fluctuating downward: MA7 and MA25 pressure is obvious, difficult to break 86,500 within the week; if sustained pressure, may retrace to the 75,000-78,000 range.
• Event catalyst: If the crypto summit releases positive news, may briefly spike to 85,000, but there is heavy selling pressure above, rebounds will face selling pressure.
Is the double top bull established?
• Not confirmed: Currently, no clear double top structure has formed, 86,500 is just the 24h high, need to observe whether it can fail in a second upward attack. If it spikes again within the week and falls back with increased volume below 80,000, the risk of a double top will increase sharply.
Strategy
• Short position: Accumulate in batches at 84,000-85,898, stop loss at 87,000.
• Long position: Light position at 78,000-80,000 for a trial long, stop loss at 77,500.
【Follow and like, any questions about altcoins will be answered】
#btc #美国犹他州比特币法案