Overnight, the market experienced fluctuations and consolidation. Bitcoin briefly found support at the 82,000 level and rebounded to 83,000, but heavy selling pressure above led to final narrow fluctuations around 82,500. The technical indicators show signs of stabilization, but a trend reversal still requires confirmation through a breakthrough at key price levels.

The four-hour chart indicates that Bitcoin's price is consistently restrained by the moving average system, with the 83,000-85,000 range forming a strong resistance zone. The MACD histogram is contracting, but the fast and slow lines remain below the zero axis; the RSI is weakly fluctuating around 40, indicating that although upward momentum has weakened, there is still no clear reversal signal. Currently, 82,000 has become the focal point of the bulls and bears. If this level is lost, the price may drop to the 81,500-82,000 range for weak consolidation, with the risk of further declines.

Bitcoin's rebound is seen as a short position between 82,500-82,800, looking to sell near 81,000.