[Director] Market analysis on 2.25, the darkness before dawn, 23 years of sowing beans and then reaping the fruits, the big cake fell below the center in 1H, the 4H decline has not ended, and there is a risk of top divergence on the daily line.

Director's 1000th original daily market analysis 2023.2.25
1. Market sentiment:
 
2. Chart structure:
1. Big Pie
The structure of the pie 1H:
The risks have been warned in the past few days, and the risk of Bitcoin’s daily top divergence has also been mentioned. As expected, the market has continued to fall. Bitcoin has now fallen below the 1H center and is currently supported in the 23100-22800 area.
However, as time goes by, I still think that the probability of breaking is increasing. It is expected to go to around 21,000 to find support. Or if the CPI next month is lower than expected, the market is likely to raise interest rates by 50 basis points, which will inevitably have a relatively large impact on the market.
 
The structure of the 15F pancake:
Currently, Bitcoin is still falling in the first 15F. The second 15F rebound is estimated to be mainly a pullback to the 0 axis and then continue to fall. The rising height is estimated to be limited. If the overall trend can fall back to around 22,800 again, it is estimated that this 1H decline will soon end and a 1H rebound will occur.
 
 
2. Concubine:
The structure of Aunt 1H:
​      The Yitai is currently running in a downward channel, and the support below is still around 1550. The trend of the Yitai is still not as strong as the big cake, and it is still in a relatively weak state. The market is estimated to fluctuate until the CPI results come out, and then choose a direction and price in the expectation of interest rate hikes in advance.
 
 
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