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.

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