Bitcoin Short-Term Strengthening, But 82,300 Remains a Key Level

The current Bitcoin market presents a noteworthy phenomenon: during the price decline, the open interest did not show a significant decrease. Especially during the drop on the 20th, the open interest even expanded at one point, but the overall position change was not large.

This indicates that the previous decline did not create a noticeable structure of open interest escape. Subsequently, the price rebounded again, and the market's stability has improved.

From a larger cyclical perspective, although there has been a short-term correction, the daily level still maintains a bullish structure.

Previously, Bitcoin fell from 126,000 USD and then rebounded around 97,000—98,000 USD and 82,800 USD. The price is currently back near 82,000 USD and has attempted to break upwards multiple times.

The issue is that the pressure remains evident above 82,000 USD.

Previous assaults on 82,000 USD have not truly stabilized; even the latest high quickly fell back about 1,000 points. Therefore, 82,000—82,300 USD remains the most critical pressure zone currently. Daily sharing of real-time trading strategies, providing free position diagnosis, unlock ideas, and market practice insights, scan to follow our public account《有亮星球》，Join the community for strategies！

Hourly: 80,000—80,500 Support is Effective

Reviewing the market on the 20th, the price first fell from a high point, reaching a low of about 80,100 USD.

As previously emphasized, 80,000—80,500 USD is an important consolidation zone and also near the 0.786 level. If this level is effectively broken down, the short-term structure will further weaken; however, if support is gained here, the market still has potential to continue upward.

The actual movements also validate this judgment.

On the afternoon of the 20th, the price rebounded to around 80,600 USD and then fell back to around 80,100 USD again. Within a day, the price mostly oscillated between 80,100—80,600 USD.

More importantly, the price tested 80,100 USD twice without effectively breaking below it.

Subsequently, the evening market began to rise, and confirmed a retest around 80,400 USD. This morning, the price fell again but quickly recovered.

Currently, it appears that significant short-term support has formed near 80,000 USD.

Thus, the hourly structure is currently bullish; the quick recovery after a pullback indicates that the upward structure is still continuing. Daily sharing of real-time trading strategies, providing free position diagnosis, unlock ideas, and market practice insights, scan to follow our public account《有亮星球》，Join the community for strategies！

4 Hours: Strong Rebound is Retesting Previous Highs

From the 4-hour perspective, Bitcoin fell from around 82,282 USD at the beginning of September, hitting a low of 74,900 USD.

Near September 16-17, a turnaround occurred; after finding support around 75,000 USD, the price rebounded quickly and has not effectively broken this position since.

Then the price returned to around 81,900 USD and consolidated at a high level.

Currently, the price has once again broken through 82,000 USD and is making an attempt towards around 82,200 USD.

Therefore, the current 4-hour structure can be understood as: a strong rebound after a decline, currently retesting the previous highs.

However, despite the rebound strength recovering, it has not yet stabilized above the 82,000—82,300 USD area.

Thus, this area still needs to be closely monitored. Daily sharing of real-time trading strategies, providing free position diagnosis, unlock ideas, and market practice insights, scan to follow our public account《有亮星球》，Join the community for strategies！

Daily: Repairing Structure Remains Intact

At the daily level, the trend remains bullish.

After a continuous decline, the price has seen a series of four consecutive bullish candles, with the large bullish candle on September 18 being particularly critical.

This bullish candle had a very distinct body, with the price rallying quickly from around 76,000 USD to above 80,800 USD, reaching a high of about 81,300 USD.

More importantly, the subsequent price retraced but did not break below 80,000 USD, continuing to rise again and briefly breaking through 82,000 USD.

Hence, the decline structure at the daily level has been significantly repaired.

However, it is important to note that there remains a key high point around 82,282 USD that has not been truly breached.

Rounding, we can regard 82,300 USD as the most important pressure point at the daily level currently.

At the same time, there is also pressure near 83,800 USD at the weekly level, so the 82,000—84,000 USD range can be viewed as an important upper pressure area.

If there can be an effective breakthrough and stabilization in this region in the future, the market space will further open up; however, before that breakthrough is achieved, this area remains a high-pressure zone. Daily sharing of real-time trading strategies, providing free position diagnosis, unlock ideas, and market practice insights, scan to follow our public account《有亮星球》，Join the community for strategies！

Weekly: Maintaining Strength Above 80,300 USD

The weekly structure similarly has not shown any significant weakening.

After the price broke through a key position, it quickly recovered, and the current weekly line has returned above 80,300 USD.

Therefore, 80,300 USD is a crucial level to focus on at the weekly level presently.

As long as the price remains stable above 80,300 USD, the overall rebound structure can still be maintained.

However, it needs to be emphasized that this bullish structure is more accurately characterized as a strong rebound and repair, and cannot be simply interpreted as a complete reversal of the trend.

Because the upper pressure of 82,000—84,000 USD has not been genuinely broken through.

BBA and Moving Averages: Multi-Cycle Structure Remains Strong

From the BBA perspective, the current hourly price is already above 81,100 USD.

Previously, the price frequently showed needle-like drops, but quickly recovered each time, indicating evident support below.

The 4-hour level is also above the BBA, and the daily line is running above the BBA as well.

Meanwhile, the daily price has consistently been above the 360-day moving average for several days.

This 360-day moving average had previously faced considerable pressure for a prolonged period, and this round of rebound has recovered this position, making it a key reference line to observe in the upcoming market.

Currently, the short-term moving averages are still diverging upward, and the price remains above the BBA and the 20-day moving average, indicating an overall bullish moving average structure.

Open Interest: No Significant Release During Price Decline

Open interest is currently an important point in the market to pay attention to.

During the price decline on the 20th, there was no significant large decline in open interest; in fact, it expanded during certain phases.

This means that this time's decline did not create a very obvious exit from positions.

Furthermore, during the subsequent price rebound, the previous open interest did not show a significant disappearance.

Thus, from the perspective of the price and open interest interaction, there is currently no sufficient signal to prove that this pullback has evolved into a new trend decline.

Rather, it is closer to a re-repair after a high-level consolidation.

Bollinger Bands: Four Cycles Still Above the Middle Band

In terms of Bollinger Bands, the price of the current four major cycles is above their respective middle bands.

The hourly line quickly recovered from near the lower band and is now running above the middle band while repairing towards the upper band.

The 4-hour line expanded quickly after breaking through the middle band, then the price returned inside the band, but the pullback did not drop below the middle band.

The daily line has maintained above the middle band for several trading days after a large bullish breakout on September 16-17, gradually moving towards the upper band.

The weekly line is also above the middle band.

Therefore, from the structure of Bollinger Bands, the direction of multiple cycles currently remains consistent and is overall in a strong state. Daily sharing of real-time trading strategies, providing free position diagnosis, unlock ideas, and market practice insights, scan to follow our public account《有亮星球》，Join the community for strategies！

MACD: Upward Momentum Has Weakened, But Not Completely Disappeared

Regarding MACD, the hourly line experienced a death cross after a rapid increase, and then formed a golden cross again, returning above the 0 axis.

This indicates that the previous downward correction on the hourly line has basically completed, but the current upward momentum is not particularly strong.

The upward momentum at the 4-hour level has also weakened and a certain degree of death cross has occurred above the 0 axis.

However, the downward momentum is also relatively weak.

The daily line has reformed a golden cross, indicating that the previous downward pressure continues to narrow and is currently recovering.

On the weekly line, MACD has also started to recover from below the 0 axis, with overall momentum enhanced compared to before.

Therefore, the current state of MACD can be summarized as: first weakened, then repaired. Daily sharing of real-time trading strategies, providing free position diagnosis, unlock ideas, and market practice insights, scan to follow our public account《有亮星球》，Join the community for strategies！

DeMark: Short-Term Pressure Exists, But Long-Term Signals Are Limited

The DeMark indicator has recently shown multiple turnaround signals in the short term, including top 9 and bottom 9 signals.

After some top signals previously appeared, the price indeed saw a brief pullback, but it was ultimately quickly recovered.

Currently, there is still some pressure around 81,000—81,500 USD, but there has not yet been an obvious trend reversal signal formed.

The 4-hour line previously issued a sell reminder, but the price was lifted again afterward.

Currently, there are no significant new turnaround reminders on the daily line, and the weekly line also has not shown new strong signals.

Thus, DeMark currently reminds us to pay attention to short-term pressure, rather than directly changing the overall direction.

Current Thoughts: Fluctuating Bullish, Pullbacks Still Worth Attention

In summary, considering the hourly, 4-hour, daily, and weekly lines, the overall structure still leans bullish.

Especially with the price finding support around 80,000 USD multiple times, followed by another push toward 82,000 USD, indicating that short-term bulls still maintain some initiative.

Therefore, we are more inclined to define the market as:

Fluctuating bullish, but not a trend-like one-sided bullish.

The core reason lies in the fact that the pressure area of 82,000—84,000 USD has not completed a breakthrough.

If a pullback occurs in the short term, as long as key support is not effectively broken down, then the buying opportunity after the pullback is still worth paying attention to.

However, if the price attempts to break near 82,300 USD again and fails to do so, then high-level fluctuations or even a retracement would be considered a normal trend.

Thus, the core of current trading is not to blindly chase after spikes, but to pay attention to the rhythm between support and pressure.

Focus on the 80,000—80,500 USD area below, and the key pressure zone at 82,300 USD and 82,000—84,000 USD above.

The current market is still in a strong rebound phase, but until 82,300 USD is genuinely broken through and stabilized, it still needs to be treated as a fluctuating market.

Daily sharing of real-time trading strategies, providing free position diagnosis, unlock ideas, and market practice insights, scan to follow our public account《有亮星球》，Join the community for strategies！

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。