BTC Market Analysis

#2月非农意外负增长 Recently, BTC has begun a continuous decline after confirming a top formation: first completing a head confirmation at the secondary high point, then accelerating downward; subsequently entering a consolidation phase, forming a descending wedge (a typical bearish continuation pattern). Last night's rapid plunge was the accelerated release after the wedge broke downward.

Currently, there are no clear signals of a trend reversal: the rebound after small-timeframe consolidation is very weak, most likely indicating the formation of a new downtrend continuation, with a high probability of testing new lows in the short term.

Trading Strategy

• Buy on dips around: 65,000 (a strong support zone, coinciding with the 38.2% Fibonacci retracement and historical turnover costs)

• Strategy: Accumulate on new lows in batches, aiming for a large-scale rebound

• Risk Management: Strictly set stop-losses, control position sizes, and guard against extreme market conditions