Daily Market Analysis——BTC

BTC's current price has once again approached the at 75180, and the current control line is playing a suppressive role during intraday trading.

Before the market shows a recovery and reversal structure, all rallies near the control line should be viewed with the mindset of rising sharply then falling back, while also being vigilant against sharp declines occurring at 4H and above timeframes.

From the daily and above timeframes, over the past month, Tang Ge has consistently indicated that current prices are on the bearish side of a downtrend. The present price is in the second consolidation phase on the daily chart, with limited fluctuations between its upper and lower bands.

The corresponding pressure is at the upper band of the second consolidation, as well as the divergence point after breaking above it. The corresponding support is at the consolidation lower band, as well as 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 rally is entirely contained within the large-scale pressure, which inevitably means this uptrend segment will be difficult to sustain and the room is relatively limited. There's still much theoretical knowledge to discuss, but personal time is limited and I can't list everything.

To summarize, here are two suggestions: On one hand, don't chase rallies at pressure levels; on the other hand, when prices pull back to the lifeline battle positions across various timeframes, you can monitor for opportunities, but don't place orders in advance, because when a true drop occurs, it won't stop easily. Simply place orders directly at the box's lower band, or at key levels after the box breaks significantly lower.

The reason is: the current phase is increasingly approaching the inflection point of the daily second consolidation. If there's an upside inflection, there are multiple layers of pressure with no reason to go higher (because it will ultimately come down). This is mostly about luring bulls into chasing, then triggering a sharp decline after retail traders board the train.

From the 1H and below timeframe perspective, after the rally, the market is in local bullish momentum, but the uptrend hasn't exhausted yet. Tang Ge has never had the habit of buying after extension. Just wait for this level's top divergence or breakdown, then execute high sells.

Summary: After price approaches the main control line at <75180>, all timeframes are generally in suppression formation. Bulls should pause operations. This week, focus on monitoring the sharp decline during the second push-higher after consolidation, or directly await a bounce after the sharp drop to the daily second consolidation lower band.

Short-term pressure is in the current area to 75180 range (temporarily don't operate, wait for 1H and below divergence or breakdown confirmation). Second pressure at 78420～80866 (pin insertion reserve).

Short-term consolidation and decline area at 69026～68040 (those who can trade, watch closely for quick entries and exits, don't place orders in advance). Short-term support at 64310-63540 (gradual decline is preferred, quick entries and exits). I shouldn't give too many short-term levels. Those who know how to trade should self-operate around the lifeline battle positions after small-level pullbacks. There won't be trend opportunities here. The higher rebounds trend, the more often they crash harder. #BTC

A few more pin insertion reserve levels for long-term reference, save these yourself:
60110-58176 (can place orders, 2-month validity)
55522-53830 (can place orders, 3-month validity)
47510-45140 (long-term orders acceptable, 6-month validity)