The short-term trend of BTC is mainly characterized by fluctuations and adjustments. Recently, U.S. CPI data, employment market reports, and expectations for Federal Reserve interest rate cuts have become the focus of the market. If inflation data exceeds expectations or the risk of economic recession increases, it may suppress BTC prices; conversely, if expectations for interest rate cuts heat up or risk aversion sentiment rises, it may support prices.

- Currently, BTC prices fluctuate in the range of $80,000 to $85,000, with short-term support at $80,000 and resistance at $84,000. If it breaks below the support, it may further dip to $76,000; if it breaks above the resistance, it may regain upward momentum.

Recently, outflows from BTC Spot ETFs have intensified selling pressure, but inflows of stablecoins have somewhat alleviated the pressure. Market sentiment is in the "extreme fear" range, and we need to wait for a reversal in the trend of capital inflows. $BTC