Daily Market Analysis — BTC

Over the past 80+ days, Brother Tang has repeatedly emphasized one point: on the daily chart, BTC is in a secondary decline sideways trend within a bearish trend. After crossing the upper band during the sideways movement, the rally is just a return to high-level oscillation, which can delay the downward movement but will not directly reverse the downward trend. This overall idea remains unchanged to this day. It has also been supported by the recent 10-day trend.
From the perspective of daily and higher timeframes, the rising prices have formed many short-term support levels below, indicating that a large-scale collapse is unlikely in the short term; however, the current rally is also within the range of price-line divergence suppression, making sustained performance difficult. This is the difficulty and focus in current market analysis. More opportunities lie in the process of small-scale amplified volatility.
From the 4H to 12H trend, the previous bullish resonance has shown divergence. While long-term support still exists, short-term support levels have experienced varying degrees of breakdown. Opportunities in such situations include counter-movements away from the current level and rebounds after internal level breakdowns for quick profit-taking.
From the 1H and lower timeframes, the candlestick structures at high levels show divergence at the top, and the moving average system is also converging downward and diverging, which is unfavorable for the bulls. Caution is needed as local reversals may evolve into a shift of the larger operational focus downward.
Summary: The larger timeframe is in a high-level oscillation structure with limited expected upward space. The space correction after top divergence at smaller levels is still ongoing. The main focus for bulls is on low-buy opportunities after further price declines, with reference points as follows:
Short-term support 75360-74905
Second support 73036-71971 (a gradual decline can consider entering a head position at 73880)
Short-term resistance 79040-81529 #BTC
Pattern resistance 85990-88460 (not in the current range)
Pattern support 67768-65100 (not in the current range)