Three dimensional integrated trading system | BTC market analysis (3/3): structural form and core judgment Structural form: 83K is the short-term long short boundary. If there are no significant negative factors, can't the price of Bitcoin fall? BTC oscillates within the range of 80K-82500. The upper 83K is the 0.382 Fibonacci retracement level, which is also the most important decision area in the short term. 79K=80K below is the defensive zone of the giant whale. Further down from 70K to 71K is the overlapping area of large period Fib 0.5 and small period Fib 0.382, which is the ultimate support. Xiaolong's core judgment: The BTC price has stopped falling around 80K, indicating a decrease in short positions. What does this mean? This indicates that the short-term selling pressure has been almost digested. If there is a significant bearish trend in the macro fundamentals, BTC prices will continue to fall and bottom out to around 70K, completing the ultimate downward adjustment. If it really reaches this point, then sell the pot and buy hard. If there is no interest rate hike in October, even if the US Iran war breaks out and oil prices rise, the marginal effect of the impact on Bitcoin prices has already decreased. Currently, the conditions for a sharp decline and collapse in the US stock market are not met. So far, I haven't seen any significant macro bearish sentiment. Therefore, in the short term, the price is expected to fluctuate narrowly within the range of 80K-83K, accumulating momentum, and breaking through 83 confirms a rebound. Don't chase short, you can start laying out spot BTC in small positions and batches around 80K. Re evaluate below 79K.