BTC is approaching a key resistance zone after breaking past 78,000 USD

$BTC just broke the 78,000 USD zone, creating a positive short-term signal for the market. Notably, Bitcoin is still maintaining a positive premium, indicating that spot buying demand hasn't completely faded. This is a crucial factor, as if the rally is solely driven by derivatives or a short squeeze, the risk of a reversal is typically much higher.

However, I believe BTC is currently entering the most significant resistance zone in this retracement. The 80,000 USD level is not just a psychological barrier, but also a critical area that will determine the market's next direction.

If BTC can reclaim and hold above 80,000 USD, there's a good chance the market will aim to fill the CME gap around 84,000 USD in the coming days.

On the flip side, if BTC gets rejected at this level, selling pressure could come back pretty quickly. In that case, the 75,000–76,000 USD range will become the nearest adjustment target.

So, instead of FOMOing after the breakout at 78,000 USD, I think we should watch the price action around 80,000 USD. This is where we'll confirm whether BTC really has the strength to push forward or if it's just setting up a short-term bounce.
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