GateUser-3657d93a

BTC Market Analysis:
Currently, BTC is in a volatile downward structure, and in the short term, it is expected to shift to a volatile upward trend. Overall, I still see the main trend as oscillating, with the following two main expectations:
1. First expectation: Oscillating upward breakthrough of the 72,000 resistance level
Afterwards, a new major downward cycle begins
2. Second expectation: Oscillating downward, breaking below the previous low, followed by a rebound, but the rebound strength is limited and unlikely to reach a new high of 72,000. After that, a major downward trend will ensue.