Bitcoin retakes $80K but faces resistance amid rising leverage and short-term holder pressure.

Bitcoin has rebounded to reclaim the $80,000 level after stabilizing near $66,000–$68,000, supported by institutional ETF buyers. Despite strong demand and rising volume pushing prices into the $79,000–$80,500 zone, resistance from short-term holders around $78,000–$81,000 and increased leverage pose risks. Open Interest surged to $60 billion, indicating traders are expanding exposure, but this leverage-driven phase could lead to volatility if demand falters. Holding above $80,000 may lead to a move toward $85,000, while failure to sustain could trigger a pullback toward $75,000 support zones.