#BTCvsMarkets Given the current market situation, let's break down the key points for your trading pair and Bitcoin (BTC).

Current Market Analysis

- *Bitcoin's Current Price Movement*: Bitcoin is trading near $83,349, after breaking through the $83,349 resistance. The next resistance level is at $84,572, which could act as the following trigger point.

- *Downtrend Momentum*: Both EURUSD and BTCFDUSD on Binance are moving in a downtrend, potentially continuing to plunge over the next 2-4 hours.

- *Support and Resistance Levels*: For Bitcoin, the support zone is between $80,595 and $81,522, while resistance levels are at $83,349 and $84,572.

Trading Strategies

- *Long Position*: Consider opening a trade upon breaking the $83,349 resistance, with the next target at $84,572. However, be cautious of the downtrend momentum.

- *Short Position*: Wait for a new market structure to form and observe whether the $81,522 or $80,595 zones can serve as triggers ¹.

Key Indicators

- *RSI Oscillator*: Near the Overbought zone, a breakout above 70 could provide good confirmation for a long position.

- *Market Volume*: Low market volume makes it susceptible to short news about tariffs, potentially leading to emotional price movements ² ³.

Given your open position's current range of $92,050 and downtrend momentum, it's essential to monitor the support and resistance levels closely. Your optimism about the target mark price is understandable, but be prepared for potential fluctuations. Keep an eye on Bitcoin's price movement and adjust your strategy accordingly.