Daily Market Analysis — BTC As mentioned earlier by Sugar哥, the definition of BTC's 'Three Falling Methods' depends on whether the price stabilizes at 648. Clearly, the intraday price surged to 64999 and then started to pull back. Based on both time and space principles, it’s evident that this does not fall within the stabilization range. Before BTC’s daily K-line stabilizes above 648, the market will remain shrouded in the shadow of a large-scale bearish trap. We must be cautious of the sharp drops or fake-outs that could result from the formation of the 'Three Falling Methods' at this level. Looking at the 4H to 12H trends, the current price position is within a divergence structure. There are no new buying opportunities here, and bulls entering recklessly face high risks. The safer approach is to wait for this level to rise and then sell high, or to sell during a small-scale breakout followed by a pullback. From the hourly chart and lower timeframes, the intraday rebound high failed to break the pre-drop high, indicating that the price is still in a downward environment. If the price effectively breaks below key short-term moving averages like the MA250 on the 15-minute chart, we need to be cautious of this breakout triggering the daily 'Three Falling Methods.' In other words, an effective 15-minute breakdown at this position is the switch for the daily 'Three Falling Methods.' Summary: The large-scale reversal signal has not yet appeared, and a small-scale breakout is imminent. Within the current price range, we should be cautious of sharp drops on the larger scale and fake-outs on the smaller scale. For breakout positions, set orders on both sides. Reference points are as follows: Aggressive support: 63943–63766 (watch for slow drops, quick in and out) Short-term support: 63310–62869 (watch for quick in and out) Large-scale order reference: 57982–56940 (valid for 15 days) Short-term resistance: 65699–66697 Second resistance: 68486–69396 Thoughts: The current position is in a small-range rebound and consolidation phase. Both large and small scales show mixed bullish and bearish trends, but neither has formed a definitive structure. It’s difficult to draw conclusions in advance, so we maintain a cautious mindset about the daily chart potentially forming a short-term downtrend while setting orders at breakout positions. No clear direction for now—whichever side it goes, we’ll follow! $BTC