The recent trend of Bitcoin has been like a roller coaster. Since entering a downward channel last week, it once touched an annual low of $76,560, and market panic spread. However, in the past two days, bulls have launched a strong counterattack, with the rebound force not losing to the previous decline, directly reclaiming the $82,000 mark, showing strong recovery momentum. Although there was a slight pullback in the early morning today, this seems more like a technical adjustment during the upward trend. The short-term support in the range of $81,500-$82,300 is solid, and the overall trend remains within an upward channel.
From the market observation, the four-hour MACD indicator continues to show a golden cross, and RSI is operating above 50, indicating that bulls are in control. It is recommended to continue to rely on the support at $82,300 to set up long positions today, with an initial target to look at the resistance level of $84,500. If it breaks through, we can further look towards the $85,800-$86,000 area. It is important to note that there is short-term selling pressure near $84,500; if it faces resistance and falls back, one can consider light short positions, but the trend opportunity should still focus on buying low.