Bitcoin, to be honest, recently the entire market sentiment has been overwhelmingly bullish, with everywhere filled with optimistic voices.

In fact, those who understand the market clearly know that this kind of unanimous bullish outlook is precisely the effect that the main players want to see.

It has always been like this: when most retail investors are confident and aggressively chasing gains, it is often the point where the market is about to reverse and change direction.

The main players are taking advantage of this wave of optimism to gradually induce more longs, luring more buyers into the market, only to reverse and dump their positions, trapping everyone at high levels.

Many people are now asking whether the 82,800 level is the top of this round.

To be honest, I am currently hesitant to make a definitive judgment; I cannot yet determine that the high has been reached.

The most critical watershed is at the support level of 79,400; as long as this level is not effectively broken, the bulls still have a chance to breathe.

But once the market weakens and steadily breaks below 79,400, we need to be alert, as the real risk of a correction will be imminent.

Never blindly chase high at this level; the more bullish the entire network is, the more you need to control your hands and guard against being lured into buying high. #Bitcoin