Daily Market Interpretation - BTC 02/18

The trend of BTC continues the previous structure, showing no significant changes. It remains in a narrow range, with more observation and less action, trying to wait for an opportunity to break out.

In detail, a direct rise here will encounter layers of resistance above, and the extendable space is not large. Do not take action until it breaks through. If the daily line continues to decline, it will accumulate upward rebound momentum and space, allowing for a regular low buy at the support level.

Short-term support at 94044~92422, second support at 87127~84763 (low probability points, normal fluctuations won't reach, alternative nature, 1:2 pending orders), short-term resistance at 98222~99743, second resistance at 100800~101430 (can enter on a breakout and pullback).