The short-term focus should be on the resistance level of 84000. If it continues to pull back, Bitcoin may break a new low, or form a secondary low before rising again. This morning's movement has already exhausted part of the bulls' strength.

Trading suggestion: Aggressive investors can short directly at the current price of 80800, and it's advised to short again after filling the gap at 81500~82000, with a stop-loss set above 83000.