February 4th Bitcoin Market Analysis: Control Risks and Seize the Moment. #比特币 #BTC何时反弹？

(Figure 1) Bears need to continue the decline; otherwise, watch for a rebound after the two-hour bottom divergence to recover 84,000. At this point, the market shows a static divergence at the two-hour level. If the hourly level within the two-hour timeframe cannot sustain a continuous decline and break out of a single direction, then pay attention to the rebound after the two-hour level's pullback failure and recovery.
(Figure 2) Currently, the market is at the position of the "bath" pattern at point 1. The market is currently at the 20-30 minute resistance zone of 76,635–77,591. If it cannot effectively form a bottoming decline at this level, then be cautious of a failed rebound that consumes the range over 45 minutes, 1 hour, or 90 minutes, shifting from bearish to bullish. Watch for a breakout at higher levels, but remember that a rising market can also be a high-level short, and pay attention to the formation of bullish rebound patterns within the range.