小龙先生|Aug 31, 2026 21:07
《Three-in-One Trading System|BTC Latest Market Update》
---- Can Bitcoin break through 82K directly in the short term❓️
I think it's unlikely❗️ Why❓️
Alright, let's look at the data and volume to analyze. First, let's check the strength of long and short volume on the 4H chart:
In the chart below, the blue curve represents the long volume fluctuations. Long volume has been consistently shrinking, the rebound momentum is clearly weakening, and the rebound highs are decreasing. Although short volume is also weak and lacks sustainability, neither side has enough ammunition to initiate a trend.
Daily trading volume has been declining since the peak of 80K on August 25. High-level volume contraction + price stagnation = uncorrected volume-price divergence.
Now, let's look at the capital structure:
ETF net inflows last week were approximately $924 million, but that's a 51.8% drop compared to $1.92 billion the week before. On August 28, there was a net outflow of $202 million, ending a 9-day streak of inflows, indicating weakening marginal buying pressure.
Binance's BTC reserves have risen to about 687,000 BTC, the highest level since 2026, suggesting potential selling pressure is accumulating. Meanwhile, stablecoin reserves on exchanges have dropped from around $80 billion to $64 billion, meaning there's less ammunition available for buying.
Open interest has decreased from 331,000 BTC on August 21 to 318,600 BTC, showing leveraged long positions are gradually exiting. The 8-hour funding rate average is 0.00821%, indicating short-term long positions are still crowded.
Resistance levels above:
The 80K-81.5K range is currently the most critical resistance zone. Breaking through 82K will require increased volume + new catalysts, which are currently lacking.
Support levels below:
77K-78K is the first support level. If it breaks, then watch for 75.5K-76K.
Mr. Dragon's core judgment:
78,900 has short-term upward inertia, but 80K-81.5K is the real test. In the short term, the probability of directly breaking through 82K is very low.
Friday's non-farm payroll data is the biggest variable. The forecast is for 55,000 new jobs. If the number is below 30,000, it could push BTC above 82K. If it's above 80,000, BTC might retrace to 75K or even 72K.
Do you think this kind of narrow-range consolidation is super frustrating? Really tests your patience, doesn’t it?
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