Currently, the overall situation is still good, with the K-line basically above 82K. In comparison, the bulls still have the advantage. However, we need to pay attention to the CPI data that the US will announce at 8:30 PM tonight; this data is particularly crucial. If the CPI data performs well, it would mean that the 'interest rate cut expectations' will decrease, which would lead to a decline in the US stock market along with BTC.

As it stands, as long as the price remains above 79K, we can continue to expect a rebound. The upper resistance level is roughly in the range of 85K to 86K, and the lower support level is at 79K. If it falls below 79K, we need to see if it will create a new low. But even if it does create a new low, don't get too discouraged; let's first focus on the important support level at 74K!!!