Daily Market Interpretation - BTC 07/08 The entire market is at a relatively high level, with little room for upward movement, but there is generally support at the internal level, and it is not easy to directly drop. Faced with a market that doesn't rise much or fall deeply, the main strategy is to reduce operations and wait for the market to fall before taking action. From the weekly trend, it can be seen that the potential bearish trend at this level has been ongoing for 7 weeks and will continue to exist in the coming weeks. Therefore, in this level, do not have too much expectation for an uptrend, mainly focus on guarding against downturns. The opportunities for low-risk operations will be when the prices rebound around 100000 to 97000 and 87000 to 84000 respectively in the later stage. From the trend from 12H to the daily line, it can be seen that the price has responded to the buy point corresponding to the lifeline strategy, but the current price is too close to the suppression of the upper form, and there is not enough room for operation. It is not recommended to participate. (1) During the process of further rising, cooperate with the top of the lower level to deviate from the high altitude, (2) or further explore and rebound in the next support area of this level. From the range of 1H to 4H, the trend generally shows a pattern of breaking through and rebounding, especially at levels below 1H. Considering that the current rebounding is a structural high point area generated by the sideways trend in the past 40 days, and the rise will not continue, we must be cautious of the current position's decline. After the price falls, different levels of vision will participate in the short-term gains below. Summary: It is difficult to rise at a large level, and there is a high probability of a small level falling first. The current range is mostly for rest, and we will choose a shorter period of time after further exploration. The relevant reference points are as follows: Short term support of 106666~105820 (fast in and out of the market), second support of 103324~102520 (sudden drop to rebound), current price is suppressed by form and moving average, with a high risk of rising in the game. The form above is suppressed by 110200~111582 and remains unchanged. BTC