Bitcoin (BTC) Market行情

1. Core Market Viewpoints
Daily Signal (Bull-Bear Battle): Yesterday closed with a large-volume, small-price green candle, characterized by a short real body and long upper and lower shadows.
Explanation: There are大量 buy orders below 90,000 (panic selling being absorbed), but funds are unwilling to actively push the price higher via market orders. Currently in the stage of confirming a change in direction before a trend shift.
Trend Structure (Reversal Warning): The original wave 4 upward structure on the daily chart has been broken (a lower low has appeared), so be alert that wave 5 may not reach a new high. It is recommended to enter on the right side of the market.
Short-term Pattern: An W-bottom pattern has appeared on the 1-hour chart, likely to rebound upward first, fill the CME gap, and clear above-side stop-loss orders.
2. Key Levels and Trading Strategies
The current main strategy is "buy the rebound and short," taking advantage of CME gap fill and trendline retracement opportunities.
1. Short (Short) Positioning:
First ideal short entry: $93,200
Logic: This is the CME futures gap level, also the target for the 1-hour W-bottom, and the retracement confirmation point after breaking the upward trendline according to the "123 rule."
Second ideal short entry: $94,800 - $95,000
Logic: If the market strongly breaks through 93,000, the strong resistance above is at previous highs and the "support-resistance switch" on the daily chart.
Stop Loss: Breakthrough of $95,500
• Logic: If the price rises above $95,500, it indicates that the previous decline may be a "false breakout" (AMD pattern), and the market is expected to return to the upper channel line. Short positions must be exited, and higher targets (such as 100,000) can even be anticipated.