Daily Market Analysis – BTC Previously, Sugar Bro mentioned: As the 1H MA250 continues to rise, the thickness of the moving average will correspondingly narrow, eventually weakening its linear support for the price until it disappears. Looking at the current structure, after two days, the trend has almost confirmed this idea. From the daily chart and higher timeframes, the big bullish candle following the mid-August rally has shifted BTC's downtrend since $126K. However, the current price and the levels above still face significant structural resistance and a series of bearish formations: So, while the downtrend has ended, it doesn’t necessarily mean an immediate transition into an uptrend. Without substantial capital inflows in the short term, this phase will likely enter a prolonged transition period. During this time, the upper boundary is around 86,150, and the lower boundary is around 71,020. Considering the relatively short duration of this bear market, the possibility of a pullback leading to a second entry into the bear market cannot be ruled out. From the 4H to 12H trend perspective, the current price region shows signs of successive breakdowns. The market should be approached with a bearish mindset initially. However, the overall bullish structure remains intact, and the strength of the first dip is manageable, allowing opportunities to seek rebounds during the decline. From the 1H and lower timeframes, the bullish support from the mid-August rally has almost been exhausted. The internal structure of the moving average system has returned to a chaotic state. Whether it moves up to resistance or breaks below the previous 15-hour low, there’s a need to guard against triggering a larger-scale dip. Short-term resistance: 79,251–79,700 (short-term, proceed with caution) Second resistance: 80,685–81,169 (short-term) Mid-to-long-term divergence zone: 84,035–86,686 (long-term) Short-term support: 75,480–74,775 (1:2 quick in and out) Second support: 73,077–72,375 (long-term view, short-term action, quick in and out) $BTC