📉 Current Situation: Aggressive Bearish Trend
Bitcoin has suffered a sharp correction from 110,000 USD to the current zone of 84,500 USD. The market is dominated by institutional fear (Fed and interest rates) and liquidations on-chain.
🔑 Critical Levels to Watch
The "Floor" (Support): 80,650 USD. It is the last bastion. If the price drops below here, we could quickly fall to 75k - 78k.
The "Ceiling" (Resistance): 89,600 USD. The 5-day moving average (yellow line). As long as the price is below this number, the bears (sellers) have total control.
⚠️ What the Money (Liquidity) says
There is a potential trap at 80,000 USD. It is very likely that the price will try to drop to that zone to "scare" the last buyers and activate their Stop Loss before attempting to rise again.
🎯 Recommended Strategy
Don't trade in the middle: Entering now at 84k is risky (you are far from the floor and far from the ceiling).
Patience: The best buying opportunity (bounce) is if the price hits 80,600, withstand the hit and starts to rise with volume.
Caution: If it breaks 80k strongly, do not try to "catch the falling knife"; let it fall until it finds support lower down (75k).
In a sentence: The market is purging excesses; protect your capital and wait to see if 80,000 USD holds up against the next attack.
