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Daily K-line Trend Analysis: Yesterday's collapse followed by a rebound is a technical correction. The daily 9-turn top signal has been confirmed, MACD fast and slow lines are reverting to the 0 axis approaching a death cross, the 4-hour death cross persists, and the current rebound hasn't even broken through the downtrend line. As long as the price hasn't effectively broken through 73,300 (key support/resistance conversion + concentrated trading zone), the market should primarily be viewed as bearish and rebounds should not be mistaken for reversals. If it breaks below 66,000, it will head straight toward 50,000——the uptrend line is the ultimate dividing line between bulls and bears. After the daily MACD fast and slow lines revert to the 0 axis and form a death cross——the probability of a "second test" is very high. The current rebound is the correction wave after the first wave's rapid decline, and the rebound height will determine the magnitude of the second drop. Previous review: Aleng's 68,800 rebound long position yesterday was accurately closed with approximately 3,000 points maximum profit.
BTC Resistance Levels: 71,500~71,600 (downtrend line pressure + 4-hour moving average entanglement upper boundary + first tier core entry zone for right-side short entries), 72,100~72,300 (hourly rebound 5-wave 1.272 extension target + screen watching add-on zone), 73,300 (key support/resistance conversion + concentrated trading zone + bulls/bears dividing line + second tier backup entry zone for right-side short entries)
BTC Support Levels: 67,800 (Fibonacci 0.786 retracement + bullish Gartley harmonic PRZ + correction wave structure key level + second test target after previous 0.618 test), 65,800~65,900 (daily uptrend line extended support + second tier daily strong support), 57,700~56,600 (major golden pit + spot core DCA zone + continuous confirmation in multiple videos)
For more detailed point analysis, please watch today's market analysis video with detailed explanations! Study K-lines with Aleng, let's meet at the peak together! Follow us for no confusion, get the latest daily point interpretations!