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🦅 Flying Fish US Market Urgent Report (70k Tug-of-War): US Stock Opening Shock and Drop! Big Pic Probed 69,400 Then Struggled to Recover 70k - Is the Wash Over or a Dead Cat Bounce? #BTC $BTC
Latest Situation Deep Review (Exposing Wall Street's Cards):
Daily Long Upper Shadow Suppression: Brothers, look at this daily chart! During the daytime today, Big Pic surged to a high of 71,375, but not only failed to hold, instead was directly smashed down by a large bearish candle, closing with an extremely long upper shadow. This indicates that selling pressure near 71k above is like Mount Tai pressing down, Wall Street spot funds are still distributing on rallies.
1-hour/4-hour Structure Damaged: Zooming in to 1-hour and 4-hour levels, the market is moving extremely dangerously. Around 21:00 tonight, a large bearish candle with volume directly pierced through the 70,500 short-term moat. Currently, the 70,000 round number level has transformed from an "iron floor" to the center of a bull-bear grinding mill.
15-minute Extreme False Short: Just now, Big Pic drew a long wick downward, touching a low of 69,732 before being quickly supported by buying pressure, price is now back above 70,056. This is a very typical "US market opening kills liquidity" move that liquidated a batch of high-leverage long positions.
Stabilize Your Conviction (Grand View: 126k): Brothers, the more intense this thousand-point grinding mill becomes, the more we must remember that the ultimate historical peak of this macro bull cycle is around 126,000! The current 70k battle is still a "deleveraging" great washout at the halfway point of the bull market. Facing this kind of volatile shock market with up and down swings, never let emotions dominate frequent chasing rallies and selling dips - strict adherence to order discipline is the only law of survival!
1. Support and Resistance Levels (Flying Fish Evening Session Precise Calculation Version)
🟢 Short-term Support (1-3 days, Seeking Panic Extremes)
69,400: Immediate support. The short-term needle low point just bled out on the 15-minute chart. Will inevitably be retested repeatedly tonight as the bottom line.
69,000: Strong support. Round number psychological level, also a previous consolidation wash accumulation zone, buffer zone for bulls' retreat.
68,000: Core support (Life-or-death neckline). Major bull-bear watershed, once broken by large bearish volume below this level, the market will face a true waterfall.
🔵 Medium-term Support (1-2 weeks, Wave Building Zone)
66,500: Previous major drop needle liquidity iron floor.
64,500: Daily-level Bollinger Band lower rail extreme defense level.
60,000: Macro bull-bear secular bottom.
🔴 Short-term Resistance (1-3 days, Rebound High Pressure Zone)
70,300: Immediate resistance (top-bottom conversion). The lower edge of the box range just broken on the 1-hour chart. Now becomes the first gate of rebound.
71,000: Strong resistance. Today's intraday high area and 4-hour middle band pressure level.
72,000: Core resistance. Heavy pressure zone difficult for short-term bulls to touch, absolutely cannot pass without massive positive news.
🟠 Medium-term Resistance (Pointing at 126k Holy Gate)
73,800: Recently repeatedly contested strong pressure zone.
76,000: Phase peak resistance.
126,000: Macro historical top (ultimate BOSS).
2. Comprehensive Analysis and Optimal Entry Strategy
Comprehensive View:
Currently at 70,056 is in "post-violent US opening wash, repeated contention period for the 70k barrier".
Short Strategy (Leading Trend Following): 1-hour and 4-hour structures still lean bearish, selling pressure from above is extreme. Current core logic is "rebounding sell from nearby 70,400 top-bottom conversion pressure level", aligning with Wall Street's high-position distribution inertia.
Long Strategy (Extreme Needle Catching): Chasing longs at current price near 70k easily gets caught in double kills. The stable approach is patiently waiting for Big Pic to probe downward again to test the bottom, executing left-side oversold bounce recovery around 69,400 or even 69,000.