Daily Market Interpretation - BTC 06/11 The previous price rebounded to the support level and fell back to the suppression level. The trend is in line with expectations. From the perspective of the current BTC weekly and daily charts, there hasn't been much change in the short-term structure, but the market sentiment gives a faint sense of unease. I will roughly look for the reasons from a technical perspective and then explain them separately: What remains unchanged is that the bullish trend at the daily and weekly levels remains unchanged, and there will be support in turn during the process of price decline. What's concerning is that reaching new highs on both the daily and weekly charts can easily lead to a serious divergence from the peak, making it difficult for a surge to break out of a sustained market trend. On the contrary, a retracement above MA30 is a benign and sustainable trend. From the trend of 4H and below levels, it is normal for the price to fluctuate at a high level after moving out of the head and shoulder bottom pattern, but it is not yet an effective breakthrough in the overall structure. Therefore, upward points have significant risks and it is not recommended to play games. In the downward process, one can rely on the lifeline tactics of each level. Key reference moving averages: 15 minute MA250 (4HMA30), daily K, weekly KMA30 Summary: From the entire range of 15 minutes to the weekly chart, it seems that there will inevitably be varying degrees of top divergence during the upward trend of prices. In technical analysis, this is not a positive signal, so the main idea during the upward trend of prices is high selling (high selling anchor point: front high); Against the backdrop of multiple levels of moving averages and long positions, there is no need to worry about a sharp drop before there is a rise; Before a rise, if there is a pullback, you can participate in the low and high positions corresponding to each level of lifeline strategy in sequence. Form suppression: 110485~111422, short-term support: 108730~108022 (keep an eye on the market, fast in and out), The second support range is 104999~103666 (not within the existing fluctuation range, can be hung), and 100210~96426 is also not within the existing fluctuation range, but can be hung, with a validity period of 10 days. BTC