The continuous release of positive news at the top without an increase in the market is considered the top zone, while the continuous release of negative news at the bottom without a decrease in the market is considered the bottom zone. BTC Technical Analysis

1. Previously, when explaining the moving average system, it was mentioned that in different cycles and levels, there will always be a moving average that is very useful within a specific time frame, providing a nearly brainless level of guidance for trading;

2. Sorry, the key moving average for this top zone that I found is the SMA200 at the 1-hour level;

3. Support 1, Support 2, Support 3, break down, retest, if the retest does not break, the breakout is valid, a very standard approach;

4. The level of decline for Bitcoin has already widened, the red line in the chart indicates a potentially nasty adjustment method, referencing the decline that began on January 20, 2025, which first formed a large triangle, then consolidated, then declined strongly, then strongly retraced, then declined strongly again, and then retraced strongly again. If this kind of market occurs, it is not recommended to trade; if bullish, widen the space for regular investment, if bearish, take profit on a strong decline;

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5. Several support levels are shown in the chart, and if the price remains above around 100,000, it is considered a strong adjustment;

6. For bottom fishing, combine levels, divergences, key support, key moving averages, and the macro environment at that time;

7. Optimistically, this adjustment is expected to last 1-2 weeks.