Daily Market Analysis – BTC In the previous post, Sugar Bro mentioned: BTC has formed two obvious small-scale centers during intraday trading, and the focus has clearly shifted downward. Based on the current trend, it’s highly likely that a third center will form here, and the focus will still be moving downward. So, this week, we need to first be cautious of a potential third small-scale dip. Looking at the daily chart, the upside is limited by the selling pressure at the previous high of 873, while the downside is supported by the chip support zone formed by the consolidation box from mid-to-late August. These two levels will be the key upper and lower boundaries for the daily chart’s upcoming fluctuations. On the 4H chart, the mid-term bullish trend structure is still intact, but the momentum of the advance is no longer as strong. This timeframe will most likely enter a new consolidation range. On the 1H and lower timeframes, although a clear downtrend hasn’t emerged yet, there are varying degrees of breakdowns across different levels. The main concern is the selling pressure that could follow after small-scale consolidations. Short-term resistance is right at the current level, but for selling pressure to materialize, it will likely happen late at night or in the early morning hours. If there’s a prior rally, the upper resistance zone is at 84070-84885 (for monitoring, not much operational value; the major selling pressure in this zone is at 861-867). The second resistance zone is at 87733-88490. Short-term support is at 81243-80423 (trade short-term, quick in and out). Second support is at 75835-74098 (luck-based trades). Due to time constraints, I can’t provide more detailed levels. For those who know how to trade, use the Lifeline Strategy. More details will be updated later. $BTC