Bitcoin's price movement shows a "initial decline, followed by a rebound and consolidation" oscillating trend, with overall volatility aligning with the recent market correction. In the early trading session, the coin price quickly dropped to around $81,000, hitting a short-term low. Afterwards, the market entered a narrow range consolidation phase, mainly trading between $82,000 and $83,200. Both bulls and bears are temporarily at a stalemate, with trading volume not significantly increasing, reflecting a strong market wait-and-see sentiment. During the early hours, market volatility intensified significantly, with a sharp rebound after dipping to $81,800, reaching a high of $84,590, then retreating to around $84,000 for consolidation.
From the perspective of price fluctuations, there is a clear gap between the rebound potential and the previous decline range. This rebound after a deep correction is a normal market adjustment and does not indicate a trend reversal—currently, the market is in a correction cycle. This correction is mainly triggered by short-term profit-taking by bears and a subsequent short-term capital inflow, without changing the core downward trend.
We are now entering the weekend trading period, during which the cryptocurrency market typically exhibits reduced volatility and narrower price ranges. The key focus moving forward is to observe the weekend consolidation. If the price can stabilize around $84,000, a slight rebound and consolidation may occur. However, considering the overall correction trend, after the correction ends, the price is likely to continue downward. The $81,000 support level is critical; if it is broken, the price could further decline toward the $80,000 level and even lower.
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#贵金属行情下跌
Bitcoin's price movement shows a "initial decline, followed by a rebound and consolidation" oscillating trend, with overall volatility aligning with the recent market correction. In the early trading session, the coin price quickly dropped to around $81,000, hitting a short-term low. Afterwards, the market entered a narrow range consolidation phase, mainly trading between $82,000 and $83,200. Both bulls and bears are temporarily at a stalemate, with trading volume not significantly increasing, reflecting a strong market wait-and-see sentiment. During the early hours, market volatility intensified significantly, with a sharp rebound after dipping to $81,800, reaching a high of $84,590, then retreating to around $84,000 for consolidation.
From the perspective of price fluctuations, there is a clear gap between the rebound potential and the previous decline range. This rebound after a deep correction is a normal market adjustment and does not indicate a trend reversal—currently, the market is in a correction cycle. This correction is mainly triggered by short-term profit-taking by bears and a subsequent short-term capital inflow, without changing the core downward trend.
We are now entering the weekend trading period, during which the cryptocurrency market typically exhibits reduced volatility and narrower price ranges. The key focus moving forward is to observe the weekend consolidation. If the price can stabilize around $84,000, a slight rebound and consolidation may occur. However, considering the overall correction trend, after the correction ends, the price is likely to continue downward. The $81,000 support level is critical; if it is broken, the price could further decline toward the $80,000 level and even lower.