加密前线|Oct 28, 2025 07:19
Daily Market Analysis — BTC
As mentioned earlier by Sugar哥, BTC above 115500 is bullish but not worth chasing. The market should be observed after a pullback and consolidation. As expected, after the post, BTC first dropped and is now rebounding slightly near the ultra-short-term support at 113730. The overall trend aligns with the prediction.
From a larger timeframe perspective, this is an extension move following the breakout of the daily W-bottom. The pullback around this area to the neckline zone is within the range of healthy consolidation, so the market outlook remains positive.
However, completing a daily consolidation move often takes over 10 days, and the fluctuations during this period need to be analyzed in smaller timeframes.
Looking at the 4H and lower timeframes, the internal structure is complex with intertwined bullish and bearish signals. A new resistance has formed above, making short-term rallies unsustainable. However, the existing support structure below remains intact, supporting low-buy opportunities after pullbacks. Reference points are as follows:
Short-term support: 113100~112323 (monitor closely for quick in-and-out trades).
Second support: 111218~110280 (can set limit orders).
Short-term resistance: 114695~115638 (monitor closely, avoid breakout trades).
Second resistance: 117919~118477.
BTC
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