Daily Market Analysis — BTC Over the past two weeks, Sugar Bro has been emphasizing that the BTC daily chart is following a trajectory within a box pattern that extends from the right shoulder of the golden pit. The upper and lower bounds of this box are between 819 and 880. From the hourly chart, it’s clear that after entering the 819 zone, the price has received strong support and rebounded multiple times over the past ten days. As of today, the box pattern remains intact, but the internal movement focus has clearly shifted downward, requiring us to make some adjustments. Looking at the daily chart, after the right shoulder of the golden pit, there’s widespread short-cycle support, which continues to rise. However, the upper trend suppression remains unchanged. The main conflict in the upcoming market lies between the downward shift of trend suppression and the upward movement of mid-to-short-term bullish support. From the 4H chart, we can most intuitively observe the characteristics of price decline and the entangled relationship between the candlesticks and MA250, transitioning from support to consolidation. The current death cross between MA30 and MA250 makes the short-term outlook less optimistic. From the 1H and lower timeframes, the daily price volatility over the past five days has narrowed to around 1%, leaving little room for internal-level operations. Summary: In the short-term trend, price volatility is severely limited, and many local fluctuations have lost their swing trading value. It’s recommended to take a break. Strong mid-to-long-term structural support is still present, but with the downward shift of the movement focus, it’s difficult to directly determine whether this constitutes a rebound. Keep an eye on smaller timeframes for breakout pullbacks and secondary entry opportunities. However, if a sharp drop occurs, it’s fine to catch the rebound. Reference points are as follows: Second support: 77728–76277 (Catch rebound during sharp drop, 1:2 ratio can be set) Pattern suppression: 84930–86149 (Upon reaching this level, look for pullbacks to 843 and below for entry; monitor daily MA30 for guidance) Note: The current small timeframe movement range has an upper bound at 82888 and a lower bound at 80896. After completing the consolidation, there’s a possibility of localized breakout. If the upper bound is breached, the focus will shift to the upper bound of the pattern suppression zone for further consolidation. If the lower bound is broken, watch out for sharp drops following a failed rebound, and you can set orders near the second support to catch the rebound. $BTC