BTC market analysis on the afternoon of April 9.

If we look at the daily candlestick chart from the previous day, the trading volume at 744 is more than double that of the previous candlestick, but the bullish candlestick body is less than a third of the previous candlestick's body. From 812, there has been an accelerated decline; can you see it?

Supply dominates the market; isn't going long against the trend?

Why be a stubborn bull? The bears can go with the market trend in a bull market.

After all, the highest point and the closing price of the daily candlestick are both decreasing. There’s no reason to shout 'bull market' just because it rises.

Just like last year's so-called 60k strong bottom, to 52k strong bottom, and finally to 48k; how many people lost all their money?

The issue of tariffs is much bigger than you think; surging prices and rents, tightening U.S. consumption, and the result is clear: the landlord's house has no surplus grain left. Where will so many dollars come from to support the U.S. stock market and BTC?

How long did MicroStrategy's bottom support last? It ran away in less than two days.

When supply dominates the market, the main force must eat up most of the sell orders to support the bottom, right? What if the main force stops playing? Just like yesterday’s daily candlestick.

Even the daily candlestick is hammering down; I don’t see any so-called reversal from the market.

On the weekly chart, last year there was a continuous three-week surge from 69k with large bodies, proving that the demand and liquidity here are very strong. From a timing perspective, it’s possible to raid 65k to 70k, especially since the CPI caused by tariffs won't be good.

In a situation where the weekly chart has not even touched the average for several weeks, could it go down to test the lower boundary of the weekly chart? It depends on whether the Federal Reserve will loosen its stance on interest rate cuts.

From the current market situation, if the support at 744 cannot withstand the selling pressure, or if the U.S. stock market's real price falls below the previous low, the support below is at 737, 716, and 69k.

If BTC wants to return to 84k, the prerequisite is that the daily closing price is above 80k.

Why is Ethereum so worthless? Because the BTC/ETH exchange rate keeps breaking new lows.

As for SOL, my previous view remains: it's not too late to enter around 87 or 81.