Yesterday's Article Review:

Yesterday's article title was "Continuous Decline", with a price of 85000 at that time.

Today's lowest price is: 78258, a decline of 6742 USD.

Important points mentioned yesterday:

1,

The daily level continues to close with bearish candles, extending the downtrend while initiating the preliminary phase of a larger down cycle.

The overall decline is increasing, and selling pressure continues to strengthen.

2,

Panic sentiment is gradually spreading, selling sentiment is continuously strengthening, and buying sentiment is weakening.

3,

After the box was broken, market sentiment and buying and selling forces continued to trend heavily in one direction.

4,

Once the major trend moves out, it is difficult to reverse. Currently, the daily level will continue to spread in a downtrend continuation market stage into the larger down cycle market.

5,

Only with significant support appearing at the 12-hour and daily levels or a continuous series of bullish candles can there be a possibility of an end.

6,

In the overall downtrend, the bullish K-lines that appear during pullbacks on the four-hour level are all weak rebound candlesticks.

While rising with a weak rebound trend, strong resistance is also appearing.

This indicates that market selling sentiment continues to strengthen while buying power in smaller cycles is gradually weakening.

7,

After breaking below the top box bottom of 88000 at the one-hour level, the continuous decline has occurred.

The rebound performance after the price reached the bottom of 82222 is also not ideal.

Currently, a clear high-pressure line has appeared (not a range).

8,

Pressure line: around 85350, indicating strong pressure and gradually decreasing volatility.

Focus on testing and validating pressure near 85350,

and whether there are significant reversals and confirming candlesticks in the pressure zone.

9,

The unilateral decline cycle at the daily level triggered by a significant pullback at the weekly level,

and in an environment where there is no strong buying power entering and buying strength is gradually depleting.

The trading strategy can only be to trade on the high side and short, and to extend.