PalBTC Market Daily -7.8 Figure 1: Daily chart 1) The market has been fluctuating for 4 days at 63, and now it has finally come out. Last night's live broadcast said that if the daily chart closes down, it will continue to decline. At present, this is a peak in the short term. 2) But overall, I think this is still fluctuating here, so if it falls here, I will continue to react around 6W. If there is support here, pay attention to continuing to rebound upwards. 3) The current focus is on the release of the minutes of the Federal Reserve's monetary policy meeting at 2 pm: This is the first meeting minutes since K Warsh took office, and investors will search word for word for the following clues: ① The degree of disagreement within the committee regarding the abandonment of forward guidance ② Is the assessment of inflation risk biased towards eagles or doves ③ The implicit signal of the subsequent interest rate path. Warsh Sintra makes hawkish debut, but minutes may reveal more internal divisions within the committee So pay attention to the market's reaction after the minutes. Figure 2: Daily chart 1) BTC is supported by 623 and has 4 tops. I am waiting for it to fall below here. 2) After the drop here, I will first check the 615 test and then pay attention to the area around 605. 3) This is really crucial here. If we hold on, we may even rebound upwards or downwards, such as 635. Only by falling below the rejection can we continue to look down.