$BTC's dip to 80,000 USD for sweeping orders support has held.
BTC rebounded from 79,725 USD to 81,390 USD, then consolidated sideways in the 80,900–81,100 USD range.
The current price is below 81,200 USD.
This level corresponds to the 50-day moving average (SMA50) and was also the upper boundary of the range lost earlier today.
No sustained upward momentum yet, currently just consolidating.
RSI indicator is around 45.
Price is inside the lower band of the Bollinger Bands.
After liquidation, the open interest is slowly recovering, with about 300 million USD re-entering the market.
Funding rates remain stable.
Retail long-short ratio is 1.80; top traders are slightly net short, with a long-short ratio of 0.94.
US stocks are weak, Nasdaq 100 (QQQ) down 1.3%.
Key levels to watch:
Resistance: 80,800–81,200 USD, then 82,800–83,700 USD, next 87,400 USD
Support: 80,300 USD (EMA50), then 79,700–80,000 USD, followed by 77,700 and 75,000 USD
Personal view:
A daily close above 81,200 USD is needed to confirm recovery and stabilization after this dip and sweep.
If pressured and falling back at this level, the price will retest the bottom lows at 80,300 and 79,725.
$BTC$ETH
Patiently waiting for the daily close signal. #美国CPI与PPI双超预期，年内能否再加息？
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