JackYi: BTC is undergoing a phase pullback in the bull market, with the $81,000 400-day moving average acting as strong support.

JackYi (@Jackyi_ld) published an analysis noting that Bitcoin currently holds strong support at $81,000, aligned with the 400-day moving average, where each pullback touch is followed by a quick rebound. The $84,000 level serves as resistance based on the 20-day moving average; a breakout will test the stronger resistance at $86,500. Bitcoin is currently in a downtrend across the 15-minute, 1-hour, 4-hour, and daily timeframes, but the larger timeframe remains in a bullish uptrend. The current stage constitutes a short-term pullback within the broader rally, advising patience and discouraging frequent trading.