The cyclical view of BTC is as follows:

1. The daily downward trend has not changed: On the daily line, BTC has not yet gotten rid of the downward trend. Before the bottom cannot be formed at $54,000, the weekly demand zone support below is between $50,000 and $52,000. Looking back at the market, the 3,000-point pullback entry was a good opportunity. If you enter the market at $54,000, the next opportunity to cover your position will appear at $51,000. This seems to be a coincidence, but it actually reflects the technical support point of the market.

2. Seeking a phased stop to the decline requires standing at $59,500: To expect the stop-loss phase, BTC needs to be able to stand at $59,500. This has been emphasized many times over the past few days, marking the search for a new high. The previous trend inflection point is at $63,500, which is of great significance in cyclical analysis. In addition, an important support position that the market has emphasized will not be elaborated for the time being, and we will review history first.

3. Key support level after the daily neckline breaks: If the daily neckline is broken, there will be two key support levels below, namely $45,000 and $40,000. These two positions will be suitable times to add positions and full positions.

Intraday views:

- Continue channel trading: BTC will continue to trade in the channel, with $60,500 as the pressure level and $50,000 to $55,000 as the support area.

- Intraday support operation based on the 15-minute chart: In intraday trading, the operation is based on the support line on the left side of the 15-minute chart, which is an operation from an aesthetic perspective. Copying the operation trend on the left side of the 15-minute chart will be a perfect long-short operation strategy, based on the support and pressure on the left side of the 15-minute chart.

These views are based on technical analysis and historical trends of the market, but investment involves risks, please make decisions carefully. #BTC☀ #币圈资讯