Bitcoin Market Analysis (March 1)

The market is currently in the bottom-building phase

Miners' losses / ETF holdings floating losses / U.S. stock oversold rebound form a triple composite support

Coupled with growing expectations of Federal Reserve rate cuts,

Bitcoin is currently stabilizing at $84,000, having deeply retraced to $78,000 yesterday, precisely aligning with the target of the diamond structure theory.

Technical analysis shows two paths: if it holds the $78,000 support, it will trigger the main upward wave; a second pullback requires attention to the critical $73,500 defense line. The medium- to long-term bullish logic remains unchanged. The first target for a short-term rebound is $92,000,

Position entry is recommended in batches within the $78,000-$81,000 range,

History always repeats itself—when panic selling occurs, it’s precisely the day the big players accumulate.