Bitcoin has been fluctuating slightly in recent times. Overall, the bottom pattern on the 1-day chart is still in the process of adjusting. The good news is that both the 2-day and 3-day charts have already formed bottoms, indicating that a rebound is definitely coming. The key question is how the rebound will occur—whether it will bounce back after a pin spike or if it will directly surge. The difference in these two rhythms is quite significant.

From a technical standpoint, support levels are at 86807, 85093, and 84689. Resistance levels are at 89288, 90599, and 92515. If the price forcibly breaks through 84408 with a spike, the subsequent rebound could be smoother.

I see the defense zone for Bitcoin at the price range of 82 to 83456. As long as there is no solid breakdown below this area, the situation remains a rebound from the 15-day moving average. Currently, the zero line of the 15-day moving average has already started to rebound. The bottom pattern is forming along the 3-day moving average. Based on this rhythm, to truly kickstart this round of market movement, at least a 1 to 2-month adjustment cycle is needed.

This is the first time the 15-day moving average has touched the zero line. As long as the adjustment of the 3-day moving average concludes, there will be a chance to trigger a major rally. For now, patience is still required to wait for time to verify.