[Director] Market analysis on February 23, the darkness before dawn, 23 years of sowing seeds and then reaping the fruits,#BTCis still oscillating within the center of 1H,#ETHis in a very weak trend.

​​​​​​Director's 998th original daily market analysis 2023.2.23
1. Market sentiment:
 
 
2. Chart structure:
1. Big Pie
The structure of the pie 1H:
​       Currently, Bitcoin is still oscillating within the 1H center. However, in the short term, this 1H downward movement will end with a 1H rebound. It depends on the height of this rebound. Personally, I expect it to be suppressed by the 24200-24500 area.
​      Then there will be a small pullback to see if it can continue to move upwards.
​       At this stage, the market is still affected by the news from the Federal Reserve. It is estimated that the market will continue to fluctuate until the CPI is released next month to decide its direction.
 
The structure of the 15F pancake:
​        Currently, Bitcoin is running its first 15F rise, and this rise has reached the pressure point.
​         If there is a pullback, it is estimated to be the yellow support line area below, and then after the third 15F rise, it depends on the strength of the third rise to see if it can break through the 24400 pressure area.
​        It is heading towards 24800. The market is still relatively fragile at this stage, and investors’ expectations have begun to change.
 
2. Concubine:
According to the 1H structure of Yitai, Yitai’s trend is very weak.
​      It can be seen that it has directly fallen below the 1H center. It is probably of no use to pull it back now, as it will continue to fall. After falling below 1650, the trend has become very ugly. It is better to avoid the trend as much as possible.
 
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