🔥Panda Market Analysis🔥——#BTC articles

Daily Level

1) First, let's talk about direction. Currently, it has broken through the lower mid-term low, forming a structural breakdown at the daily level, resulting in a Change of Character (CHOCH). The daily level structure has shifted from bearish to bullish.

2) Currently, it is being hindered by the supply zone's 1D Order Block (OB).

What’s interesting here is that this is not only the supply zone's 1D OB but also the Point of Control (POC) of the left side from 100 days (M-top), as well as the 0.618-0.666 range of 109-745. This is a triple resonance of the price chart.

Four-Hour Level

1) The four-hour level is not just a consolidation area (trading range); its high and low points are continuously rising, but it is still hindered by the triple resonance of the daily level price chart. The higher it goes, the more we should consider shorting with light positions on the left side, and add positions after confirmation.

2) The lower area around 916 is the most critical. This price level has never been tested, and a large amount of liquidity is accumulated here.

3) Due to the daily level shifting to a bullish structure, there is also a particularly important neckline at the 88 range below, where we can observe and consider adding to the position of #BTC in the spot market.

Two-Hour Level

1) First, let's discuss why a price increase is occurring here.

Firstly, the area around 936 is the 0.618 Fibonacci level of 916-978, and it is also a key level at the one-hour level (this has been repeatedly mentioned during the live broadcast).

A price increase does not imply anything; first, when the price has not broken, we trade according to the trading range without any issues.

A breakout upwards will see the high point of the 1D OB, which is around 994.

More attention should be paid to long opportunities around 916 below. #BTC .