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加密前线(糖哥)|Mar 02, 2025 14:13
Daily Market Interpretation - BTC 03/02
Earlier, Tang Ge pointed out that the BTC major level has fully released short-term risks and is no longer bearish. The small level is brewing a positive structure, and the current price order of 84621 has also entered the short-term profit taking range, with a stable trend in line with expectations.
From the daily trend, there is an opportunity for the price in the next two weeks to draw back to the range around 88584 and 91510-92370, which is a confirmation of the draw below the composite "M-top" neck line position.
If you reach these positions, you will need to reduce your holdings and exit the market when buying at the bottom and holding the middle line chips, as well as the chips that were previously held at high levels. You can only enter when the price further breaks through or experiences a second contraction oscillation. At that time, don't be blinded by the mindless shouting of cows, don't chase after them, and track the details in detail.
Looking at the trend from 1H to 4H, after entering the short-term suppression mentioned earlier, the price chose to resolve it by using horizontal instead of downward during the day. However, some areas have not yet emerged from a sustainable offensive structure. The next step is to wait until the current position amplifies the volatility and generates a departure period.
Based on the above information, the current high-level is not bad, but the internal structure has not developed a new offensive structure. In a small range, wait for the fluctuation to amplify before reversing. In the high-level, continue to reserve low long positions downwards. The reference points are as follows:
Short term support 84620~82760 (1:2 fast in/out), medium to short term support 81118~78745 (1:2 pending)
Short term suppression of 88584~89528 (after reaching this area, retrace near 87210 as a short-term opportunity), second suppression of 91510~92370 (after reaching this area, the chips in hand may lose or gain, actively reduce positions first, and enter the market after the next structural confirmation)
Note: A small level breakthrough of 86888 can be pursued, holding 86490 (1H entity), short-term suppression in the game,
The structure of the current price order is not available today, so we won't give it to you. We can take the break even order set for the low price advance in the early stage. BTC
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