🔥Pal Daily Market Report — #BTC 2.18 🔥

Daily Chart

1) Taking the February 3rd candlestick as the range, this is basically the high and low for February, and the current market is oscillating around Eq 970.

Keep an eye on the market accumulation here; if it maintains oscillation above eq, there will be an opportunity to raid bsl, looking at 103.

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

2) Currently, the market is oscillating below eq, so let’s first look at raiding ssl + ml + eql here, as there is too much accumulated liquidity.

3) In the short term, look at 94 where ML raiding will react to the price; if the overall continues to oscillate, there might still be a short rebound here, see if it can push up to hit MH.

But if it breaks down and continues downward, then the blue range interval range——L needs to be raided, pay attention to raiding 89 ssl.

H1 Chart

1) As mentioned yesterday, if it can’t break through 973, it will continue downward.

2) Here, we see EQL and the 94 position, eql + ML are both waiting to be raided, so for now, let’s look at the liquidity raiding below.

3) Pay attention to whether the raid continues downward or if it will raid upward.