I. Key levels and trend judgment
It is currently important to focus on the 84850 point as this core support level is crucial for the short-term trend:
1. Conditions for the continuation of the bullish pattern: If the closing price of the 1-hour K-line does not fall below 84850 during the night pullback, it indicates that the short-term bullish force remains dominant. All levels (including hourly, 4-hour, and daily) are under bullish control, and the market is likely to continue the upward trend.
2. Bearish risk signal: If the price effectively falls below 84850 (i.e., the closing price of the hourly line breaks below this point), it is considered the start of a 1-hour level pullback, and the short-term trend may turn to oscillation or downward. Further pullback risks should be guarded against.
II. Analysis of upward targets and resistance levels
If the bulls continue strongly, the upward path can focus on the following targets in phases:
- Phase one: The first resistance level above is the recent high point of 85450. If the price touches this level and then stagnates or falls back, a short-term pullback may occur, and attention should be paid to whether the bullish volume continues.
- Phase two: If it effectively breaks through 85450, the market will open upward space, and the next target can be seen at 86100 dollars (secondary resistance level). After further breakthroughs, pay attention to 87260 points and 88500 points (strong resistance range).
III. Pullback support levels and operational strategies
If it breaks below the 84850 support level, the lower support can be observed in a stepped manner:
- First support: 84320 points, which is the initial stop loss point for a quick short-term pullback. If it stabilizes here, it may form a range oscillation.
- Second support: 83720 points. If it breaks below 84320, the market may test this position, corresponding to the key support at the 4-hour level.
- Third support: 83000 points, which is a deeper support level. If the price dips to this level, be wary of medium-term pullback risks, which may further seek stability at the daily level support.
IV. Risk warning and operational suggestions
1. Position management: The current market is at a critical turning point, it is advisable to control positions and avoid full position operations. If bullish, you can try a light long position above 84850, with a stop loss set below 84500; if bearish, you can try a light short position after breaking below 84850, with a stop loss set above 85200.
2. Key monitoring: Closely monitor the closing situation of the 1-hour K-line, especially the liquidity changes during the early morning period, to avoid being affected by spike market movements.
3. Trend principle: If the price fluctuates narrowly in the range of 84850-85450, it is advisable to wait and observe, waiting for a clear direction before entering the market.
Summary: The short-term trend depends on the gains and losses of the 84850 support level. The bulls need to hold this level to continue the upward momentum, while the bears need to break below this level to open downward space. Operations should strictly enforce stop losses, flexibly adjust strategies according to the trend, and avoid chasing highs and cutting losses!$BTC #走势分析 
