Pal $BTC Market Daily Report - 11.9 1. Daily Chart (Figure 1) 1) As mentioned over the weekend, liquidations were expected around 749—and they occurred this morning, triggering $1 billion in liquidations. The price has since been consolidating around 746; the next move depends on whether U.S. equities rise or fall after tonight’s open. 2) Key support levels remain at 732 and 70–71. 2. Hourly Chart (Figure 2) Today’s price has oscillated between 735 and 757. After a spike down to 735 in the morning, a secondary low formed in the afternoon. The 766 level is now critical as a bearish OB zone. Three scenarios are currently possible: 1) If price holds above 745, expect a move toward 757, then a test of the bearish OB at 766. 2) If 745 breaks down and U.S. equities crash, watch for further downside toward 735, with potential tests of the 732 zone or lower. 3) If price breaks above 766, the short-term downtrend may be over, signaling a potential pullback buy opportunity.