$BTC

Let me first discuss the major cycle:

From a structural perspective on the overall market:
Starting from around 97 in January, based on the abcd pullback structure pattern, the target is around 55-52 🎯

On the weekly timeframe, this is a weekly-level oscillation or correction phase. Similarly, the 74-76 range is also the neckline of this bull market cycle (equally important as the trend line we have around 76 on the weekly level ‼️)

From a major cycle perspective, establishing positions around 6 remains sound, and strictly executing the accumulation plan starting at 55 is still necessary.

If we fail to reclaim 76, there's no discussion of a trend change.

Recent short-term view: Chart 2
This segment is as important as the area around 97 - even if you're wrong, it's a place where even experienced traders would willingly take losses.

Last week we used 658 as the starting point for the uptrend; this week it's 693. Above this, we're targeting the area near 76. Below this, we wait for the zone to return to its lower support. So zone lower support at 6.6 and 6.45 can be watched for trading opportunities.

Strategy Summary:
Cycle-based approach: Start spot accumulation in batches at 6, with entry points at 6, 5.5, 5, 4.2 (the first batch position in early February has already been established; if this level is reached again, don't add unless there's a new low or a right-side structure after 76 is considered for accumulation)

These key levels can be traded on major cycle futures, except around 6 where right-side behavior is preferred.

Short-term:
Resistance at 7.45 (this level is not new, touched multiple times near resistance - only trade on the right side), 7.65
Support at 693, 6.6, 6.4
Position trade accordingly.

At the same time, don't follow what veteran traders have been doing recently - blindly taking losses without looking for trading signals.