Family, as we mentioned before, Bitcoin #BTC is currently in a correction state. It has now dropped to 85000, which is near the weekly EMA30, and it is also close to the daily neckline support. Hey, there's another key point, the middle line of the Bollinger Bands is at $85,200, and the CME futures gap is at $84,500 - $85,100. These key technical indicators are resonating! If this position cannot hold and breaks down, the next support level will be around $82,300 - $83,300. That area is significant, as it is a support zone with dense chips, quite strong. The neckline of the daily head and shoulders pattern is at $82,300, and together with the 200-day moving average at $82,700, it forms strong support. Moreover, the Fibonacci 0.5 retracement level is at $82,500, which corresponds to the miner's cost line after the 2024 halving. Family, let me emphasize once again, be sure to pay attention to risk management! Just like I reminded everyone to take profits this morning, we must always be cautious! $BTC
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