Daily Analysis of the Cryptocurrency Market (1.9)

Summary:

$BTC The daily line has not finished dropping yet and will continue to break new lows. This time the daily drop of 90,000 must occur. The drop from 102700-91000 is a four-hour downward structure, and we are currently experiencing a four-hour rebound structure. Within this four-hour rebound, the first phase is a 30-minute rebound, which will be followed by a 30-minute pullback to confirm the 91000 low point, and then a 30-minute rebound to complete this four-hour rebound structure. The target for this four-hour rebound is in the range of 96500-98200, and finally, there will be one last four-hour drop to break the new low, completing the entire daily downward structure. The view on the third daily oscillation center formed by high-level consolidation remains unchanged. There are only two zones for the pullback bottom: 86000-89000 as the first zone, and 77000-80000 as the second zone. Do not start positioning in the spot market until reaching these two zones. The first zone can use half positions, and the second zone can use full positions.