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🦅 Flying Fish Evening Market Urgent News (Seven-Ten Thousand Defense Line Breached): Surging up then falling back violently, gushing out by 2,000 points! Big Dough suddenly plunges to 68,000—does this mean the shakeout is over, or does a crash begin? #BTC $BTC
🎉 On 2号, this Big Dough swing-bottoming trade has already captured 4,661 points! A 7.1% increase—completing target 3. Congratulations to all the family members who followed along! 🎉
Latest market deep-review and recap (Directly hitting the main force’s bottom card):
1-hour level cliff-jump dive: Brothers, look at this 1-hour chart! The past two days Big Dough broke through the 70,000 mark with unstoppable momentum, but the higher you go, the colder it gets. Starting this afternoon, the main force bared its fangs—continuous high-volume large bearish candles directly pierced through multiple defense lines, ruthlessly swallowing the gains from the prior rally. This “painting-door”-style sell-off indicates that the profit-takers above are fleeing in a frenzy, leaving the bulls completely caught off guard.
15-minute gap-down and slashing: Zoom in to the 15-minute level—this price action is extremely brutal. Starting from around 69,200, there was almost no meaningful resistance at all; it kept running like a green light downward, with the lowest point precisely sniped at 68,006.4. The current price’s weak oscillation around 68,279 is only a technical oversold “breathing spell” after the rapid crash—the bearish sentiment still holds absolute dominance.
Stay firm in your conviction (Remember the 126,000 macro top): Although the short-term drop is suffocating, we must open up the bigger picture! The ultimate peak of the bull market is around 126,000. The main force’s current frenzied shakeout is, in essence, “violent deleveraging” halfway up the bull market hill. Faced with such extreme chop where everything flips up and down, abandoning human fear and greed, and strictly executing order-placement discipline—this is the only rule for survival!
1. Support and resistance levels (Flying Fish Evening Market precise calculation)
🟢 Short-term support (1-3 days, seeking panic extremes)
68,000: Immediate support. That extreme needle (68,006) stamped out by fresh blood on the 15-minute chart overlays the integer level. Tonight’s US session will inevitably keep retesting this support-to-hold line.
67,500: Strong support. From the 1-hour chart, this is the dense chip turnover area before the current leg up—heavily guarded by the bulls.
66,500: Core defense line. The liquidity bottom from the prior big timeframe—once it’s broken, the market will face a deeper waterfall.
🔵 Medium-term support (1-2 weeks, swing-trading accumulation zone)
64,500: A major structural life-and-death watershed.
60,000: The macro bull-bear century grand bottom—an iron consensus across the whole network.
58,000: Extreme black swan defense level.
🔴 Short-term resistance (1-3 days, pullback high-pressure zone)
68,600: Immediate resistance. The pause platform in the downward consolidation of the 15-minute chart. Now support has turned into resistance—becoming the first ghost gate hurdle for a rebound.
69,300: Strong resistance (top-to-bottom reversal). The starting point of this afternoon’s big waterfall acceleration breakdown.
70,500: Core resistance. Today’s high area—leaving behind heavy trapped positions, extremely difficult to surpass in the short term.
🟠 Medium-term resistance (Targeting the 126,000 divine gate)
71,500: The peak suppression zone repeatedly contested recently.
73,800: Absolute heavy pressure near the former historical high.
126,000: Macro historical grand top (ultimate big boss).
2. Comprehensive analysis and the best entry strategy
Overall view:
Right now, 68,279 is in a “very weak bottoming phase after a high-level cliff-like dump.”
Bearish strategy (leading trend): The 1-hour structure has been completely destroyed, and the trend has turned bearish. The core logic is: “give up the fantasy of bottom-fishing, and short rebounds based on the short-term resistance around 68,800,” aligning with the strong inertia of the dump.
Bullish strategy (extreme needle-catching): Buying at the current price is like charging headlong into falling rocks. The prudent approach is to patiently wait for the price to make its most extreme pullback on the downside, and rely on the structural base near 67,500 for a left-side oversold repair.