Bitcoin's run higher is losing steam and a short-term warning sign is forming, but the bigger picture still looks bullish for crypto holders.

• Bitcoin has stalled just under $80,000 after a violent short squeeze, and momentum gauges are stretched.
• A short-term bearish divergence is close to confirming, pointing to sideways chop or a small dip rather than a crash.
• On longer timeframes the setup is still bullish, with a weekly buy signal close to flipping green if Bitcoin can close above $80,000.
• Ethereum just made its first higher high in a year, the strongest sign yet that the year-long downtrend has turned.
• XRP, Solana and Chainlink are cooling off too, all running into overhead resistance after big moves.

Outlook: Expect a slowdown or slight pullback over the next week, then more upside over the coming months.

## Bitcoin Levels

• **Bias:** Bullish over weeks to months, cautious/slowing in the short term
• **Buy / accumulate:** $73,000-$75,000 on any pullback
• **Support:** $73,000-$75,000 (former resistance now support)
• **Resistance:** $80,000-$82,000
• **Targets:** Liquidity to be taken out between $80,000 and $81,500; weekly close above $80,000 flips the longer-term signal bullish
• **Invalidation:** Losing $75,000 on a 3-day close