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BTC intraday thinking
Last night, gold and silver dived simultaneously, and Bitcoin followed with a rapid killing, which was obviously a centralized shipment behavior under the cooperation of the news. But be clear: now is not the time to buy the dip.
From the perspective of the weekly structure, BTC has fallen below the 80,000 line for the second time, and the support has been repeatedly tested, indicating that the undertaking below is not reliable, and it is not ruled out that it will further step back around 78,800 in the future, and then observe whether it has the real rebound conditions.
The current wave of pull-up is essentially more like a technical repair after a decline than a trend reversal.
The idea is simple: rebound to short, follow the trend.
Short order reference range: 83500–84200
Lower target: 80500–81000