Bitcoin Remains Solid Despite Volatility: Will The 80,000 Level Be Tested?

Bitcoin continues, in my opinion, to show a generally positive structure, even though the market remains very volatile. After the recent rise, I would not be surprised to see BTC correct further before resuming. A drop towards the 82,000-79,000 dollars zone remains quite possible and, in my eyes, this would not mean that the bullish trend is over. On the contrary, this type of movement is necessary and healthy for the market.

After a strong rise, many traders arrive late, use too much leverage, and become vulnerable to a quick correction. A return towards 80/79K could therefore allow the market to clean some of these positions before attempting a new upward move.

87,400 and 82,000 dollars remain important levels

On the upside, I am particularly watching the 87,400 dollars zone. On the downside, I am watching the 82,000-79,000.

If Bitcoin manages to clearly surpass this level of 87K and stay above it, this would strongly reinforce the scenario of a new bullish continuation. But before that, it is quite possible that the market continues to move sideways or undergo some abrupt movements.

It is precisely during these periods that many traders make the mistake of wanting to anticipate every candle. Personally, I prefer to wait for the market to confirm, I will look to open longs around 79k BTC.

Ethereum can also become interesting

Ethereum is also in an area to watch. For me, the 2,800 dollar region is important.

If ETH manages to return above this level with strength, it could create an interesting movement, especially because many short positions are still present in the market.

If these traders start to close their shorts, this can quickly add buying pressure.

Altcoins continue to offer great opportunities

In my latest article, I advised you to take a look at some altcoins and here we are. This month, some of the best opportunities did not come only from Bitcoin.

Cryptocurrencies like ZEC, ZAMA, NEAR and other altcoins have offered particularly interesting movements.

It is precisely several of these assets that have allowed me, through my futures operations and by deliberately using a small account, to surpass 14,000 dollars of profits for the month.

For me, this shows an important thing: it is not always necessary to have a huge capital to achieve good results.

What matters much more is to select the right assets, wait for the right levels, and above all, manage risk properly.

Be careful not to chase the price

NEAR, for example, has seen a very significant rise in a short time.

Even though I remain positive on some of these projects in the medium term, I do not like to buy after a vertical rise just because everyone starts talking about it. I generally prefer to wait for a correction.

Zcash has also been one of the strongest assets recently. The trend remains interesting, but after such progress, it becomes even more important to protect profits and watch for signs of a slowdown. Being bullish on an asset does not mean holding a position no matter what.

Protecting capital remains a priority

It is probably one of the most important lessons I have learned over the years.

When a position begins to show signs of weakness, I sometimes prefer to reduce my exposure and keep cash.

If the market clearly becomes bullish again afterward, I absolutely do not mind entering again, even slightly higher.

The goal is not to sell exactly at the top and buy exactly at the bottom. The goal is mostly to avoid unnecessarily large drawdowns.

My current scenario

For now, my view remains generally positive.

I think Bitcoin can still experience volatility and potentially return towards 80,000 dollars before resuming. Above, 87,400 dollars remains for me the important zone to break.

Ethereum could also become much more interesting above 2,800 dollars, while altcoins continue to offer some of the best opportunities in the market.

This month is a good example: assets like ZEC, ZAMA, SOL, ONDO, or NEAR have largely contributed to my performance and allowed me to surpass 14,000 dollars in profits on my futures operations with a relatively small account.

The market therefore remains interesting, bullish, but one must accept a simple reality: even in an uptrend, the path is never perfectly linear.