Daily Market Analysis – BTC Looking at the market from a 5–8 day timeline, BTC's trend is forming a structure of contraction and downward movement on the bullish side. If we focus on the next 1–3 days, the price still has limited upward space before the next drop. Extending the former perspective suggests a larger-scale high-level consolidation or a trend of oscillating downward movement, with major buying opportunities concentrated around previous lows or when new lows are created. Combining the latter perspective with intraday analysis, the main strategy is to take aggressive positions targeting the price levels before the drop, aiming for rebounds below the 120K mark and short-term bearish positions near the starting point of the decline on the 7th. Short-term resistance: 124480–125150 (no breakout trades). Short-term support: 120730–119830 (quick in and out). Mid-term support: 118225–117440 (not in the current range, rebound opportunities during sharp drops). Small-position aggressive trade (conservative traders can skip): Entry: Current price 122930–122466. Stop-loss: 121880 (1H candlestick close or rebound to cost level after reaching this point). Take-profit: Around 124000, exit when profit is satisfactory. #BTC