Bitcoin has flashed a short-term warning sign after its big run-up, pointing to a brief cool-off rather than a crash — mildly bad news for short-term traders, still positive for anyone holding longer.

• A bearish divergence has now confirmed on the shorter time frames, meaning the recent rally is losing steam.
• Bitcoin is deeply overbought after last week's short squeeze, so a few days to a week of sideways or slightly lower prices is likely.
• A large pile of liquidity has built up just below the current price, and prices tend to get dragged down to those levels.
• The bigger picture is still bullish: a long-running divergence on the weekly chart points to a recovery over months and years, like the one after the 2022 bottom.
• Ethereum has broken above resistance near $2.4K, XRP and Solana are stalling at their own resistance, and Bitcoin is gaining market share against altcoins.

Outlook: Expect a short pullback or choppy sideways trading for several days to a week, then a likely resumption of the broader uptrend.

## Bitcoin Levels

• **Bias:** Bullish over weeks and months, cautious over the next few days.
• **Buy / accumulate:** $73,000–$75,000 on a deeper pullback; liquidity zone at $76.5K–$76.6K is the near-term downside magnet.
• **Sell / take profit:** $80,000–$82,000 resistance band, where price just rejected.
• **Support:** $76.5K–$76.6K, $75,000, just above $74,000, then $73,000–$75,000.
• **Resistance:** $80,000–$82,000; then $86,000–$88,000; then $96,000–$98,000.
• **Targets:** Downside $76.6K near term; upside $86,000–$88,000 on a confirmed break above $82,000.
• **Invalidation:** A weekly close above $80,000 flips the weekly trend indicator green; failure to hold above $82,000 keeps the breakout inactive.