Daily Market Analysis——BTC



As mentioned in the previous article, after BTC stabilizes above 73320 on the daily chart for 3-5 days and the time condition is satisfied, there is an opportunity to extend upward toward 78510-81630. This medium-term strategy can be executed once the time condition is met. Before that, the main focus should be on low long positions after small-level pullbacks.

From the 4H to 12H medium-term structure, the price fluctuation range is at the same level as yesterday, with K-lines maintaining consolidation after the rise, positioned in the middle of the supply/demand compression structure. Continue to operate with the logic of reversals after segment departures to manage potential price movements.

From the 1H and lower timeframes, the current market has reached a major-level resistance (control line 75180) and is in the repair period of a 15-minute top divergence (moving sideways with a slight dip). The operational logic is basically consistent with yesterday's approach.

On upside moves, it remains a consolidation with yesterday's high as the high point with limited tradability. However, if it continues downward, the small-level bullish MA system will provide some rebound support for the price.

Summary: After the daily chart stabilizes above 73320 for 2-4 days, there is potential for an upward extension segment. This rally can be executed after the daily consolidation conditions are met, or can be traded during small-level pullback processes.

The main contradiction in the current market is that the medium-term structure has relatively sufficient fluctuation space, but small-level support and major-level resistance are at nearly the same level, creating the current narrow consolidation predicament. Let's wait for them to determine the winner first. The relatively safer operational mode currently is to wait for segment departure reversals. For those already holding positions wanting to continue pushing upward, strict stop-loss discipline is required (holding 4H MA30).

Short-term resistance 74484-75550 (no operation; the main risk of this medium-term structural resistance is after a valid 4H close below MA30), second resistance 78510-81477 (watch for divergence selling pressure upon arrival, but it will raise the price trading range; after reaching it, pullbacks to 75550-73320 will have support and can add longs).

Aggressive support 72880-72632 (valid for 4H, watch closely for quick entries and exits; avoid sharp selloffs, gradual declines around 73220 can provide 0.8% rebound space), short-term support 71990-71222 (watch closely for quick entries and exits), second support 69940-69094 (quick bounce on sharp drops). Operate sequentially based on the magnitude of declines.

All levels in this article are local short-term points; prior major-level pending orders unchanged (can place orders at 60110-58176, valid for 2 months).

Point levels during narrow consolidation are complex; more of a learning value. Actual operations should wait until volatility expands. Current aggressive entries should be done after price breaks 75180 combined with MA30 below the 1H level.
BTC-3.73%
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