4.11 Market Analysis:
Bitcoin, today we need to pay close attention to the key level of 80500. If it can effectively hold above this level, the current pullback will be declared over, and it is expected to continue rising thereafter. During this process, the resistance levels above are sequentially at 82100, 83500, and around 84700.
On the contrary, if it breaks below 80300 in the 4-hour timeframe, it would indicate a lack of upward momentum, and the market may enter a sideways consolidation or downward trend. In this case, the support levels to watch below are around 78930, 77650, and 76740.