Currently, BTC faces significant resistance in the $79,500-$79,800 range, with a short-term bearish structure. On the daily chart, around $80,600 is another important resistance level to watch.

Trading ideas and risk management

Based on this, seeking short-term shorting opportunities near resistance levels has some technical basis. A strict risk control plan is to set the stop loss above $81,400 to address the risk of a false breakout upward.

Projection of future trends

Considering macro events such as the Federal Reserve interest rate decision this week, market volatility may increase. Key support areas to watch below include first around $76,000, but based on current market momentum, the possibility of prices continuing downward to test supports at $74,500, $73,800, and even $72,400 is increasing. This is precisely the logic behind my short position yesterday.

Intraday observation points

It is expected that during the US trading session, the price may first test around $76,000, then observe whether an effective rebound can be organized. Currently, market volatility is intense, and any trade must be matched with extremely strict risk management. $BTC $GT $ETH