# Daily Market Analysis——BTC

BTC's current price has once again approached the at 75180, where the control line is playing a suppressive role in the intraday market.

Before the chart shows a recovery and reversal structure, all rallies near the control line should be viewed with the mindset of surging higher and falling back, while being vigilant against sharp declines on the 4H and above timeframes.

From the daily and above timeframes, over the past month, I have consistently indicated that the current price is on the bearish side of a downtrend. The current price is within the second consolidation phase on the daily chart, experiencing limited fluctuations between its upper and lower bands.

The corresponding resistance is at the upper band of the second consolidation and at the divergence point after breaking above it. The corresponding support is at the lower band of the consolidation and at the divergence point after breaking below it. These large-scale structural ideas will remain unchanged as long as the structure doesn't change.

From the 4H to 12H timeframe perspective, the current uptrend is entirely contained within the large-scale resistance, which destines this uptrend segment to be short-lived with limited upside. There's still much theoretical knowledge to discuss, but time is limited and I cannot enumerate it all.

To summarize, here are two suggestions: First, do not chase rallies at resistance levels; Second, when price retraces to the lifeline battle positions across all timeframes, you can monitor and take positions, but do not place orders in advance, as genuine drops cannot be stopped. Simply place orders directly at the lower band of the consolidation box and at key levels after a significant break below the box.

The reason: We are increasingly approaching the turning point of the second consolidation phase on the daily chart. If prices turn upward, there are multiple layers of resistance with no upside justification (since everything eventually comes back down). This is more about luring retail traders to board before a sharp selloff.

From the 1H and below timeframes, the rally following the uptrend is within a local bullish trend, but the uptrend has not yet exhausted itself. I have never had the habit of buying after a stretch—just wait for a high sell-off after this level shows a bearish divergence or breaks down.

Summary: After price approaches the main force control line <75180>, all timeframes are in a suppressive pattern. Bulls should refrain from trading. This week's focus is the sharp selloff during the second surge after consolidation, or a direct sharp decline followed by rebounding after the daily chart's second consolidation lower band.

Short-term resistance is in the current area to 75180 range (temporarily refrain from trading and wait for 1H and below divergence or breakdown signals). Secondary resistance: 78420～80866 (pin reserve).

Short-term consolidation and decline area: 69026～68040 (skilled traders can watch for scalping, do not place orders in advance). Short-term support: 64310-63540 (gradual decline preferred for scalping). I shouldn't provide too many short-term levels—those who know how to trade can operate around the lifeline battle positions after small-level pullbacks. There will be no trending opportunities here; the higher rebounds go, the harder they typically fall.

#BTC

A few more long-term pin-reserve levels for reference:
60110-58176 (can place orders, valid for 2 months)
55522-53830 (can place orders, valid for 3 months)
47510-45140 (long-term orders can be placed, valid for 6 months)