BTC Daily Market Analysis — 1.21 Daily Chart 1) Tested 98 upwards here, then broke below the upper range at 945, returning to the range. Yesterday, we mentioned focusing on the 905-892 OB here. There was accumulation and a rebound, and the daily chart was still bullish, so we could look upward. But last night, with the U.S. stock market's decline, BTC didn’t hold and directly broke down. After breaking down, it reached EQ 88 OB, where a CME gap was also filled. 2) As of now, the daily chart has already MSB’d, so the daily uptrend structure is likely over. 98 should be the high point of this rebound. 3) Currently, it has wicked down to EQ OB. Let’s see how it reacts here. If it can hold above 90, I’m expecting a rebound. The rebound target for now is around 925, near the daily bearish OB. 4) Additionally, if it breaks below 864 OB, it’s likely heading to test the range low at 80. Hourly Chart 1) Not much to say. Woke up this morning and went long at 884. Now it’s at 89-90. Let’s see how it tests here. If rejected, it’ll continue downward to test 87 OB. If it breaks through, a pullback could be a good long opportunity, with a target of 925.