Daily Market Analysis – BTC Looking at the overall structure of BTC on a larger timeframe, this is still the second sideways consolidation after the "golden pit" pattern appeared on the daily chart. There is clear resistance around 880, and clear support at 746 and below. This is the basic situation of the current market, and it will likely remain so for the next few weeks, serving as the background for our subsequent market analysis. For intraday trading details, please see the smaller timeframe chart analysis: From the 4-hour chart, as previously mentioned, the price action was subject to resistance after a pullback to the previous lower trendline and the 1-hour and lower timeframes' 30-day moving average (MA30). The current market action is almost identical to our analysis, with resistance and pullbacks occurring in these corresponding areas. The overall downward trend continues. While the continued downward movement might cause concern, don't panic. As I mentioned in the very first sentence, there is support at 746, so don't worry. Treat any dips as opportunities. Short-term resistance: 80966-81466 (1:2) Short-term support: 78472-77844 (gradual decline preferred) Long-term levels, please save for reference if needed: Trait resistance: 86746-87810; Trait support: 75110-72933 (BTC)