On Friday evening, after Bitcoin's midnight drop stabilized above 78000, the price fluctuated upwards throughout the day. Currently, the price has returned to around 82200 and is fluctuating. A small bullish line rebounded and corrected during the day, temporarily holding below the week's low for rebound correction. The short-term market has entered a decision phase, whether to continue downward or fluctuate and rise. Many frens have entered a divergence at this time. However, they have overlooked the structural aspects of the technicals. There is a saying, and I wonder if everyone agrees, that no matter how the market shifts and entices chips, the essence remains with the technicals. Regardless of how the trends intertwine or lure, the pattern has not yet finished its adjustment towards a bearish scope, and we still have to follow the major trend to gauge the market sentiment, as the adjustment window has not changed.

From a technical structure perspective, the daily and weekly trends are still in a deep downward adjustment. In the short term, after the previous decline with increased volume, there may be a certain rebound correction, but the rebound is also to prepare for the continuation of the trend. Currently, the main resistance on the four-hour chart is the same as that on the daily chart, located near the previous rebound high point around 83300. Combining what we have emphasized earlier, the current bearish liquidity is mainly concentrated around 85000. It remains uncertain whether the short-term bullish pattern can support the liquidation of the upper liquidity in the short term.
In terms of market news, tariff policies cannot be increased indefinitely. There will be a certain emotional decline in the short term, but before the market sees any substantial positive news, such as when monetary policy returns to easing or whether the economy can avoid a deep recession, the rebound in the market does not signify a reversal.
So in intraday trading, it is still mainly about high kongs, with the upper area relying on 82500-83300 as kongs, targeting the lower area of 81500-79500. #CPI数据来袭