BTC's major structure over the past three days has not changed much. Before the price recovers the 71,990~75,180 zone, the main pending orders are reserved around 62,460 as the core.
From the 1H and lower timeframes, after a correction from oversold conditions, the price has entered a phase of local downward retracement. The intraday pattern shows a wave that first declines and then rises. Patience is advised to wait for a pullback before taking action.
For other structural analysis, positional relationships, and detailed structure, please refer to articles 8~11.
Aggressive support: 66,888~66,315 (can quickly enter and exit during slow declines, avoid during sharp drops) Short-term support: 65,210~64,646 (monitor and trade) Second support: 63,030~60,750 (monitor and trade)
Short-term resistance is currently in this zone. The divergence point for upward selling pressure is at 71,377~72,246, with secondary resistance at 74,434~76,202.
Non-current zone long-term pending order references: Mid-term support: 58,648~57,154, long-term support: 55,030~52,893, #BTC
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BTC's major structure over the past three days has not changed much. Before the price recovers the 71,990~75,180 zone, the main pending orders are reserved around 62,460 as the core.
From the 1H and lower timeframes, after a correction from oversold conditions, the price has entered a phase of local downward retracement. The intraday pattern shows a wave that first declines and then rises. Patience is advised to wait for a pullback before taking action.
For other structural analysis, positional relationships, and detailed structure, please refer to articles 8~11.
Aggressive support: 66,888~66,315 (can quickly enter and exit during slow declines, avoid during sharp drops)
Short-term support: 65,210~64,646 (monitor and trade)
Second support: 63,030~60,750 (monitor and trade)
Short-term resistance is currently in this zone. The divergence point for upward selling pressure is at 71,377~72,246, with secondary resistance at 74,434~76,202.
Non-current zone long-term pending order references:
Mid-term support: 58,648~57,154, long-term support: 55,030~52,893, #BTC