From the daily chart perspective, Bitcoin's candlestick broke below the previous low before starting to rebound. The current rebound momentum is decent, but it's about to touch the short-term moving average above. With the short-term moving average acting as resistance, plus the 80,000 mark, if it can't break through and hold steady, it's likely to see a pullback after a surge, leading to a second retest. Therefore, it's not recommended to chase the rally near 80,000. #Bitcoin $BTC