The current fluctuations of Bitcoin are a result of: technical pressure, high-leverage speculation, macro uncertainty, and insufficient liquidity, all working together. The market is in a fragile state of 'bull-bear balance' and needs external catalysts (policy/funds/sentiment) to break the deadlock.

Short-term strategy remains focused on range trading: 81120～84500, follow the trend after a breakthrough;

Bitcoin: 84500 is the lifeline for bulls, and a breakthrough will accelerate the rise.

In the medium to long term, beware of the continuation of the bearish trend with support levels at: 79558, 78055, 75900❗

#BTC