🔥Pal Daily Market Early Report — #BTC 2.15🔥

I. Daily Chart

1) After the raid at 110,000 above, the current trend is a volatile decline. Here, the lower 89 eql and other low points accumulate liquidity waiting for the raid.

On the daily level, look for shorting opportunities after raiding bsl103 above. Below, look for bullish ob absorption rebound opportunities, which is around 86.

However, from a long-term trend perspective, the large fvg below ob will definitely also be raided, but ob still looks for rebound opportunities first.

2) Taking the February 3 K line as the range, this is basically the high and low points of February. The current market is oscillating around Eq 970.

Let's observe the market accumulation here. If it maintains an upward oscillation above eq, then there is a chance to raid bsl, looking at 103.

But if it oscillates below eq, then continue to pay attention to the downward raid testing 91 and 89.

Currently, it has stood above 970, let's see if it can hold steady.

3) For medium to long-term users on the daily, the operation remains to bet on size, whether to bet up or down, from a medium to long-term perspective. Trading means buying on the lower raid absorption and selling on the upper distribution is more suitable.

II. Hourly Chart

1) Yesterday it was mentioned to be bullish, currently raiding bsl upwards. From the current market structure, a higher high has been formed here, indicating a structural change.

2) Therefore, currently focus on H4 bullish ob. If the price returns here for absorption and does not break down, then this is a potential trading opportunity. We expect the price to continue upwards to create higher highs.

If the market is a bit stronger, I think it should not break below 96270.

Of course, if it breaks down, then I think the opportunity will be greater to raid eql downwards, and the trading opportunity ceases to exist, requiring continued waiting.

3) The upper target is first looking at around 100,000. If it breaks through and holds above 100,000, then continue to look at 103. This is also my target position, with 107 being the expectation.