Daily Market Analysis——BTC

BTC reached the main force control line at 75180, and accompanied by a 15-minute level top divergence, it experienced a sharp decline. From the current conditions, the large-level counter-rally is in its final stages, while the small-level downtrend momentum continues.

From the weekly trend perspective, the rebound that started this month from the second downtrend consolidation lower band on the daily level has successively reached various long-cycle resistance levels. Going higher only presents more severe divergence resistance (a frequent area for bull traps). Bulls should not rashly participate; instead, be cautious and capitalize on the pattern of rallies followed by pullbacks.

From the 12H to daily trend, the current price is in a pullback structure after reaching the aforementioned resistance. There has been no volume breakout, so direct downtrend risks need to be monitored. However, if the daily level can stabilize above 73320 for 3-5 days, once time conditions are met, there is potential for an upward extension toward 78510-81630 (or utilizing small-level support for speculation).

From the 4H structure, the intertwining of bulls and bears in the market is evident, with short-term support and long-cycle resistance coexisting simultaneously, while K-lines maintain upward momentum, positioned in the middle zone of both. This creates some ambiguity in trend judgment. Based on experience, this suits the "dip first then go long, rally first then sell" pattern—the reversal after forming a departure segment as I often mention.

From the 1H and lower-level trends observing intraday action, the downtrend following the 15-minute top divergence continues. Higher from here merely maintains oscillation with the early morning high as the peak, offering limited trading opportunities. However, if it continues lower, the small-level bullish-arranged moving average system will provide price support for rebounds.

Summary: Large-level structures are broadly at long-cycle resistance levels. Going higher only intensifies divergence resistance, requiring vigilance against bull traps. Small-level bullish arrangements remain intact, with localized opportunities for low-level long dip-buying rebounds.

Aggressive Support: 73150-72940 (Monitor for rebound scalps, gradual dips preferred)
Short-term Support: 72368-71929 (Quick entry, quick exit)
Secondary Support: 70730-68899 (1:2 sharp dip rebound scalps)
Short-term Resistance: Currently at this level; monitor counter-rally pullbacks after 1H MA30 breakdown, Secondary Resistance: 78510-81630
Note: Today's support levels are generally from small intraday pullbacks. Scalping can be done while monitoring. Short and intermediate support, plus long-term support from Monday's article, are broadly valid. Though numerous levels, each belongs to different time frames across different structures—can be traded sequentially. Trade gradual dips sequentially; skip every other level on sharp dips. #BTC