Intra-day trend review and summary: a total of five dan combined to cut 3500 points. Around midnight, the tea needle movement fluctuated up and down; the two segments (kōng) cut 1050 points and 700 points respectively. In the morning, during the period around 763.5 kōng, it almost got swept twice; in the evening, it chose a break-even position. In the evening, 770 continued to cut 840 points kōng, followed by cutting 700 points. Structurally, the trend is still a range-bound consolidation—only the consolidation band has shifted upward, not a trend reversal. So currently it remains in a range-bound structure: should we still be focusing on cutting (duō) or on kōng?

From the chart, the intra-day movement isn’t big—only about 1000-plus points up and down. It shifted from low-level consolidation to high-level consolidation, but overall it remains within the range of the action seen during Wednesday early morning. The key is the two levels: resistance at 772 on the upside and support at 749 on the downside. A breakout to either side will lead to continuation in that direction. Currently it is in the high zone. Around 770, look for kōng; focus on returning to the lower end of the consolidation. First watch 756, then around 751. $BTC
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