🔥 Par Daily Market Morning Report - BTC 2.19 🔥 Par Daily Market Discussion Group: http://t.me/pabuers Welcome to join the discussion~ Hot News: 1. The Federal Reserve believes that cryptocurrency is an emerging industry and innovation needs to be encouraged. 2. The Salvadoran government continues to increase its holdings of Bitcoin, currently holding 6081 BTC. 3. OKX has obtained a MiCA license and can operate legally in Europe. 4. Coinbase launches Solana and Hedera futures contracts that comply with CFTC regulations. Daily chart 1) Taking the February 3rd candlestick as the interval, which is basically the high and low points of February, the current market is oscillating around Eq 970. Look at the market accumulation here. If it continues to fluctuate upwards above EQ, there is a chance to plunder BSL. See 103. But if it oscillates below eq, then continue to pay attention to the downward plundering tests 91 and 89. 2) We have already plundered the liquidity of 94 here. If it continues to fall below 94, it will further decline. Currently, it is still in a downward trend. Please pay attention to the testing of 912Range - L and 89 SSL below. If the 94 drop does not break, then continue to fluctuate, but be cautious when placing long orders. Going long in this market is all about rebounding, and the trend is downward. H1 chart 1) Downward trend, EQL+ML and EQL+PWL at position 94 have both completed their plundering. Currently, there is only a rebound here, and the stability of 968 is still in a downward trend. Continue reading the range-l 912 test below. 2) The rebound here can only be speculative, it is not recommended to do so. At present, if we can break through and stabilize at 968, we can continue to look forward to testing the PWH near 988, but distribution is still a short selling opportunity. And I would prefer it to be rejected here. If it returns to 94 again at present, if it stabilizes and oscillates, there is a certain probability of an upward trend, but the rebound can only continue to depend on the range - Eq 968 position test. 3) It is recommended to be cautious when placing multiple orders and focus on rebounding and short selling.