#BTC
🔥🔥 Bitcoin surged to 82800 but faced resistance and dipped below the 80k mark, hitting a low around 79400
In the short term, we're experiencing a deep washout correction during an upward trend, not a bear market reversal

Market outlook

1. Short-term: Expecting weak fluctuations and a bottoming process; strong support at 7900-7950, with resistance at 8050-8100. If the rebound lacks strength, we may continue to probe lower
2. Mid-term: The bullish structure remains intact, with institutional funds continuously entering and stablecoin inflows providing support. After a pullback to gather strength, we could still challenge previous highs
3. Key inflection point: Stabilizing above 8050 would signal a return to bullish sentiment; dropping below 7900 would lead us to target the 7800-7700 range

Next steps (right-side conservative strategy)

Spot: No chasing highs, no panic selling. Accumulate gradually below 7900, hold long-term, and see dips as buying opportunities
Contracts: Avoid counter-trend bottom fishing; focus on shorting at resistance levels around 8020-8050, with strict stop-losses in place and no heavy position holding
Position: Control leverage strictly, use light positions for short-term trades, and avoid risking large liquidations
Rhythm: Trade infrequently during fluctuations, wait for stabilization and volume before following the trend, and don’t guess tops and bottoms

No need to panic during a bull market pullback; once the washout ends, we continue upward