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Pal Daily Market Early Report — #BTC 2.19

Daily Chart

1) Using the February 3rd candlestick as the range, this essentially marks the high and low points of February. Currently, the market is oscillating around Eq 970.

Watch the market accumulate here; if it maintains oscillation above eq and moves upwards, there will be an opportunity to raid bsl, looking towards 103. However,

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

2) We can see that after raiding 94, it returned to EQ, indicating that we are still in a oscillating raid market.

Currently, the liquidity in the lower area has been raided, so we need to focus on upward raids, targeting the testing of pwh.

If it can break through pwh here, pay attention to the pullback to stabilize eq and continue upwards. But if pwh rejects or just spikes in a raid, then be cautious of continuing downwards.

H1 Chart

1) We can see that after raiding pwh, it is experiencing an oscillating rise. Last night it pulled back to ob to recover liquidity and then moved upwards. Here, MH will wait to be raided first, and then observe the reaction to falling ob.

2) If it pulls back to H1 and sees bullish ob, one can look for buying opportunities to accumulate, and then continue to observe the oscillating rise, targeting PWH.

3) Pay attention to the price reaction after raiding pwh above.

Currently, the market is still in an oscillating raid situation; medium to long-term players are not advised to participate, and short-term players should be cautious and act quickly.