Daily Market Analysis – BTC Since the price retested the 'main control line' at 63,060 seven days ago, it has signaled a weakening of bullish momentum. As of today, the larger structure remains on the bearish side of the trend, consolidating around the control line after a breakdown. In principle, we still need to be cautious of a potential daily-level decline. Looking at the mid-term structure represented by the 4H chart, two weeks ago, we identified a 'Golden Spider' pattern at this level. However, after the price reached the first target at 668, an internal breakdown occurred, and the pattern has now dissipated. Currently, the trend has returned to the bearish side, and we need to be wary of a sharp drop following a valid breakdown. If this pattern retraces, the corresponding low point is near the 590 region. From the intraday structure on the hourly chart and lower timeframes, after the previous Golden Spider bullish pattern broke down, multiple confirmed breakdown patterns have emerged internally. There are no new buying opportunities in the current price area or above. Instead, a newly formed suppression zone has appeared. Any upward movement would only return to consolidation, so there’s no need to gamble directly. Focus on preparing for divergence-induced selling pressure and potential direct declines. Summary: The previous 4H bullish pattern has dissipated, and the current trends across all levels are predominantly on the bearish side. No new buying opportunities have formed at the current price level. The main strategy is to anticipate minor upward moves followed by divergence-induced selling pressure. Bulls should adopt a 'long-term view, short-term action' approach and wait for limit order opportunities. Reference levels are as follows: Short-term resistance: 63,060–60,246 (small range levels) Short-term suppression: 63,586–63,929 (small range levels) Low-probability large-range suppression: 66,316–66,666 Short-term support: 61,373–60,538 (1:2 quick in and out) Second support: 57,880–56,995 (1:2 long-term limit orders possible) Large-scale long-term limit order levels: 49,999–48,001 (for sharp drops, 42,000 is a valid level for 45 days) $BTC