Black recession week: The market has been in a continuous state of retreat, and the recession has officially sounded the alarm. After the non-farm data dragged down the US stock market and experienced a significant pullback, Buffett also sent a pessimistic signal to the market. Buffett has been dumping most of his chips, and the dumping wave in the entire US stock market has increased dramatically, exceeding everyone's expectations. After this round of big dump in the US stock market, it is still too early to catch the bottom and buy in. It is mainly about waiting patiently and then slowly buying Spot chips. This round of dark moments is expected to stabilize for about 2 weeks. Daily candlestick level: The daily candlestick level quickly fell, with the upper pressure near 62000 and the lower support near 58200. 4-hour chart level: The market quickly fell, and the downward trend remains unchanged. The largest support level is near 55700, with recent support near 59800, and the upper pressure near 62300. Intraday analysis: The recent big dump in BTC is a normal phenomenon, mainly due to the uncertainty in US politics. The game between Trump and Harris, combined with Harris's lack of qualifications and unsupportive stance on Cryptocurrency, makes the probability of her winning not high. However, this still has a significant impact on Cryptocurrency and the stock market, so there may be more Get Liquidated events in the near future. The cause of the market collapse is not only political factors, but the panic caused by this recession is more severe and frightening. Global stock markets and the encryption market are both collapsing. Stay away from leveraged operations and just buy Spot. Intraday pullback: The main theme is still downward, and after a slow recovery above 61000, there is a high probability that it will continue to decline. The world is in panic, and the bottom support is near 60000. After the fall, continue to look for support near 59000. The Spot market needs to peacefully endure this difficult time in the history of encryption and remain calm in the face of adversity.