Daily Market Analysis——BTC

As mentioned earlier, Sugar Brother indicated that after BTC stabilizes above 73320 on the daily chart for 3-5 days, once the time condition is met, there is an opportunity for an upward extension toward 78510-81630. This mid-line strategy can be executed once the time condition is satisfied. Before that, the main focus is on low long positions after small-level pullbacks.

From the mid-line structure of the 4H to 12H timeframes, the price fluctuation range remains at the same level as yesterday. The K-line maintains an adjusting trend after the rise, sitting in the middle area of a bull-bear compression structure. We continue to apply the logic of counter-trend movements upon segment departures to manage potential price action.

From the 1H and lower timeframes, the current market has reached the large-level resistance (control line 75180) and is in the repair phase of the 15-minute divergence at the top (with horizontal range decline). The operational logic is basically the same as yesterday's approach.

On the upside, we maintain oscillations with yesterday's high as the upper bound—there's not much operational value. However, if price continues downward, the small-level bullish alignment MA system will provide some rebound support for prices.

Summary: After the daily chart stabilizes above 73320 for 2-4 days, the market has the potential to produce an upward extension segment. This rally can be executed after the daily chart's consolidation condition is met, or one can game it during small-level pullbacks.

The current market's main contradiction is that the mid-line structure has relatively sufficient fluctuation space, but small-level support and large-level resistance are nearly at the same level, creating today's narrow range consolidation dilemma. We wait for one side to emerge victorious. The relatively safer operational mode currently is to wait for counter-trend segment departures. For those holding existing positions wanting to continue betting upside, must strictly maintain stop losses (guard the 4H MA30).

Short-term resistance 74484-75550 (no operation; the main risk of this mid-line structure attribute resistance lies after the 4H makes a valid break below MA30); Second resistance 78510-81477 (watch for convergence selling pressure after arrival, but will elevate the price range. After reaching, pullbacks to 75550-73320 will have support properties and can go long).

Aggressive support 72880-72632 (valid period 4H, close monitoring for quick entry/exit, avoid entering on sharp drops, mild drops near 73220 can provide 0.8% rebound space); Short-term support 71990-71222 (close monitoring for quick entry/exit); Second support 69940-69094 (catch rebounds on sharp drops). Execute accordingly based on the severity of each drop.

This article provides only local short-term levels. Previous large-level pending orders remain unchanged (can place at 60110-58176, valid for 2 months).

Levels during narrow range consolidation are complex; more learning value than practical. Wait for volatility expansion before actual trading. For aggressive current positions, execute after price breaks 75180 combined with the MA30 below 1H. #BTC