Daily Market Interpretation - BTC BTC surged to the area where short-term suppression of 94600 occurred at night, and then fell back when encountering resistance. In terms of overall structure, the fluctuations before stabilizing at 94600 belong to the internal consolidation of the "downward relay" box. When rising above 94600, only high selling and breakthrough points are reserved after a sharp rise and rebound; Except for the aggressive multiple orders inside the box, other buying points are still in the middle and lower tracks of the box, as well as the rebound after the spatial breakthrough. From the weekly trend, it can be seen that the price is a retracement behavior after reaching the important form support four weeks ago. It is a confirmation of retracement at the turning point of the long short trend after breaking through the original bullish trend. The main range of retracement is still within the 100000 mark ± 2000 U. The sustained upward trend requires structural support, and no relevant structures have been constructed after 100000 yuan. Therefore, 100000 yuan is tentatively set as the final high point within the region, rather than the starting point of the trend upward trend (only reserved for operations after arrival, without direct game play). At the same time, support points for the next break interval can be hung up in advance. From the daily trend, the low point after November 21st continues to rise, which is only a correction of the continuous decline before November 21st. It is a new downward relay, not an upward center. When it comes to the daily downward relay, it should be strictly distinguished from the upward behavior in the 4H or below level, otherwise the confusion of levels will lead to serious misunderstandings. That is to say, the first thing to be wary of when prices surge towards the 100000 yuan area in this region is the temptation to buy more. The secondary trend of upward movement after arrival requires rebuilding the upward structure in the 100000 and 95000 yuan areas. There is no need to expect too much before this; In addition, it is reserved for pending orders after the price drops significantly below the current "downward relay" structure. The above is the background, which may be a bit sluggish when placed at a lower level, but it is also the current situation that cannot be ignored in the process of technical analysis. Judging from the trend from 4H to 12H, this market is bad, with the bottom rising, not so bad; Okay, let's do it. Long term suppression will move down layer by layer, let alone. So personally, what I have reserved is the reverse operation after the departure segment is generated at each level. If you have any good methods, please feel free to leave a systematic message for communication. From the trend of 1H and below levels, it can be seen that this level has repaired the main selling pressure and constructed a bottom structure, but the major level has not broken through the main suppression, which limits the space for upward rebound. In addition to the aggressive single mode, we still need to wait for the major level to move out. Summary: Large level suppression and small level support converge in one region, both of which are local market trends. During the day, they fluctuate within the box, while the rest of the pending orders are in the opposite direction after the price leaves the box. Radical order: Enter at current price 92409~91737~90799 (1:1:2), stop loss 89450 (1H physical, strictly enforced), game against 95500 and 98800. Due to the lack of upward structural support and only a pullback towards the 100000 mark, traders who pursue stability do not need to do so. Selling pressure starts at 95600, short-term pressure ranges from 97800 to 99810 (pay attention to high selling after reaching, and retrace around 95000 to enter), short-term support ranges from 87910 to 86370, second support ranges from 83310 to 82140, and high-level pending orders remain unchanged in the early stage. Note: Small fluctuations do not change the overall direction of the market, and it is still a trend of watching more and moving less. The main focus is on the sharp decline of the daily line after rising first, or the low long trend after falling first and reaching support. The certainty of other points is not strong, and we cannot give too many suggestions. BTC