Cryptocurrency Daily Analysis (1.9)

Summary:

The daily line of $BTC has not finished dropping yet, and it will continue to break new lows. This time the daily line will drop 90,000 without fail. The drop from 102700 to 92500 follows a 4-hour downward structure. Currently, it is forming a 4-hour rebound structure. Within this 4-hour rebound, the first 30-minute rebound is taking place, and there will be a 30-minute pullback to confirm the 92500 low point, followed by another 30-minute rebound to complete this 4-hour rebound structure. Afterward, the final 4-hour drop will occur to break the new low, completing the entire daily downward structure. Therefore, the viewpoint of high-level consolidation forming the third daily center remains unchanged. There are only two intervals for the pullback bottom: 86000-89000 is the first interval, and 77000-80000 is the second interval. Do not start positioning in spot trading until reaching these two intervals. You can buy a little in the first interval and go heavy in the second interval.

Operations:

BTC, short at 97000-98900, stop loss at 100500, take profit at 89000