Daily K Trend Analysis: Bitcoin closed yesterday with a bearish bar, completely engulfing the previous day's bullish bar and part of the lower shadow, showing strong bearish momentum. The market experienced a rise followed by a waterfall trend for two consecutive Mondays, indicating cautious market sentiment. Currently, we are in a large-scale corrective wave, and the decline actually provides clearer operational opportunities and point references. Tonight is the Federal Reserve's interest rate decision, and Polymarket shows a 99% probability of no rate cut, with the key being the dot plot's impact on future rate cut expectations. Bitcoin has formed a clear triangular adjustment wave vs. flat corrective wave as two possibilities.#比特币走势分析
After breaking the trend line, ETH Ethereum focuses on shorting at highs, paying attention to shorting opportunities in the 26.54-25.80 area harmonic pattern. Focus on the Wyckoff theory accumulation area (Daily 0.618 + 50% overlap position).#以太坊走势观察
Previous Review: First Wave 105,300: Member channel stop loss 400 points, this level had a rebound but limited amplitude. Second Wave 103,300: Maximum increase of nearly 2,000 points, most members successfully captured profits. For Ethereum, the 2,480 level rebounded 30 points immediately, and the second wave at 2,437 was only a few points off, overall good grasp.
Resistance Level 1: 106,000 (M Top Neckline Throwback Phenomenon + Small Wave 0.618 + Large Wave 50% Overlap + 4-Hour EMA Moving Average Peak)
Resistance Level 2: 106,700 (M Top Pattern Resistance Level + Multi-Stage Decline 0.618 and 0.786 Fibonacci Overlap)
Resistance Level 3: 108,250 (Bearish Bat Pattern Position)
Support Level 1: 108,500 (Adjusted to a more conservative ABCD pattern + Bullish Bat Pattern, Stop Loss 10,300 previous low)
Support Level 2: 98,900 (Newly added Bullish Crab Pattern + 1.13 liquidity position + Flat Correction Wave Break Target + Bullish Gartley + Bullish Butterfly + Daily 0.382 Retracement 97,600 Overlap Area)$BTC
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