
加密前线(糖哥)|Apr 02, 2025 10:37
Daily Market Interpretation - BTC 04/02
Although it is a small fluctuation market, Sugar Brother's estimation of support and suppression is relatively accurate, and some results have been achieved locally. Faced with a market with less than 2% fluctuation space, there is a possibility of increasing uncertainty fluctuations at any time, mainly by reducing operations to prevent sudden changes. Just like in a severely competitive society, not working too hard can harm the body.
From the daily trend, the price is above 80800, and the bullish trend is still there. There is no reason to look too bad at the market, but the gradual downward pressure from above also determines that the price rebound space and sustainability will not be very strong, and it is also impossible to look too optimistically at the market. I am not someone who likes to exaggerate, so I cannot analyze this market, only give a rough estimate. I hope everyone can understand.
Looking at the trend from 4H to 12H, there are multiple pressures above that hinder the price, while there is also some trend support below that supports the price. In the short term, this level cannot rise much or fall much. It is recommended to wait until there is a departure period before operating in the opposite direction. (We will talk about it later when the video is released)
From the perspective of 1H and below levels, the magnitude of the price insertion and the upward bullish line after entering the support level yesterday swear that the internal trend is not weak. However, looking upwards, it is still a common problem at all levels, with limited rebound space, poor sustainability, and the possibility of a pullback at any time.
Based on the above trends of various levels, in a market with slight fluctuations, the trends of each level are disorderly and have not formed effective resonance. The ups and downs are dragging on. It is recommended to wait until a departure period occurs to do the opposite. The safety factor and space will be relatively sufficient, and the internal short-term points have no practical significance, so they will not be given. The reference for short-term and medium-term points is as follows:
Short term support range of 81888~80800 (sudden drop to rebound), second support range of 77255~75019 (1:2, sudden drop to rebound), short-term suppression range of 86750~87376, medium-term suppression range of 88544~90042, BTC
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