#BTC交易 🔥Panda Market Analysis🔥——#BTC Edition

Daily Level

1) Let's talk about the direction. Currently, it has broken through the mid-term low point below, forming a structural breakdown at the daily level, showing a CHOCH. The daily structure has shifted from bearish to bullish.

2) Currently, it is blocked by the supply zone's 1D OB.

What is interesting here is that this is not only the 1D OB of the supply zone but also the POC (Point of Control) of the left side's 100 days (M-top), as well as the 0.618-0.666 range of 109-745. This is a triple resonance on 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 constantly rising, but it is also blocked by the triple resonance of the daily price chart. The higher it goes, the more we should consider shorting with light positions on the left side, confirming before adding positions.

2) Below is the most critical area around 916. This price point has never been tested. A significant amount of liquidity has accumulated here.

3) Due to the daily level turning into a bullish structure, there is also a particularly important neckline around 88 below. This is a place to observe and consider adding to #BTC spot positions.

Two-Hour Level

1) First, let’s discuss why there is a price increase here.

Firstly, the area around 936 is the 0.618 Fibonacci level between 916-978, which is also the key point at the hourly level (this has been repeatedly mentioned during the live stream).

A price increase does not mean that, first, when the price has not broken through, we can trade within the range without any issue.

A breakout upwards sees the high point of the 1DOB, which is around 994.

Below, we need to pay more attention to the long opportunities around 916 #BTC.