《Three-in-One Trading System｜BTC Market Analysis (3/3): Structural Patterns and Core Judgments》 Structural Patterns: 83,000 breached, the upward trendline has been broken, 80K is the next line of defense. After BTC broke below 83,000, it’s now hovering around 82,300. The multi-day upward trendline has also been broken—see the blue trendline in the upper part of the chart below. 85K has flipped from support to resistance. The first meaningful target below is around 80K, and further down, around 70K, there’s a strong support zone where two Fibonacci retracement cycles overlap. Resistance for any rebound is at 83,500-84,000. Xiao Long’s Core Judgment: With 83K breached, the short-term outlook is bearish. This drop is driven by leverage liquidations, not whale sell-offs, but ETF institutions are adding fuel to the fire, making the correction worse. The pullback isn’t over yet. The downside target is first around the 80K support. If that doesn’t hold, the next strong support is near 70K. Don’t rush to catch the bottom—wait for a clear signal of stabilization with volume. If there’s strong buying volume around 80K, you can try a small long position. Otherwise, stay patient.