🔥Pal's $BTC Market Analysis - Weekly Report 9.8🔥 Weekly Chart 1) K-Line Structure: After a bullish pin bar on the weekly chart, it has fallen for 3 consecutive weeks, then last week made a new low before rebounding. So structurally, it is currently in a phase of oscillating downward. 2) Liquidity: Currently, there is a weekly FVG liquidity gap at the upper position of 1168. Generally speaking, liquidity gaps at the weekly level tend to be filled. The lower range of 105-98 is a bullish OB at the weekly level. 3) Macroeconomic News: 9.10 20:30 PPi 9.11 20:30 CPI Currently, the focus remains on interest rate cuts and recession, paying attention to data for guidance. 4) Personal Opinion: At this point, it is in a consolidation phase choosing a direction. Personally, I lean towards continuing the current downward trend at the weekly level. Right now, it’s just a rebound within the consolidation, acquiring liquidity. Daily Chart 1) You can refer to yesterday's daily report for the daily line. 2) Currently, it is consolidating around 1135-1073. If it maintains oscillation above the EQ, we will first look for a test of the upper EQH + FVG, targeting a bearish OB. However, if it breaks down and oscillates below the EQ on the daily, then we need to pay attention to testing 107 and 106 OB. Hourly Chart 1) Over the weekend, it is currently oscillating around the red range, as mentioned yesterday, testing the H1 bearish OB. 2) Currently, the hourly level is still in a bullish structure; as long as it doesn't break 1092, I remain bullish. 3) After testing the H1 bearish OB with a pin bar, it is currently in a phase of oscillating downward. Looking at the 110 range - l test, if it can stabilize here, I still look upwards; otherwise, continue to look for a test of the H1 bullish OB. $usdt.d H4 Chart 1) Here, first look at the red EQ 4.45; if the EQ stabilizes, then we need to continue looking upwards for a test of the red range - H 4.52. If 4.52 stabilizes, then we will look at the black range - H 4.61, corresponding to BTC needing to test 106. So this BTC scenario is to fall first and then rise. 2) As long as it breaks below 4.45, expect to test 4.34 OB, then raid upwards to 4.61, aiming for 4.85. That would be a scenario of rising first and then a big drop. So, just wait.