Daily Market Interpretation - BTC The local fluctuations of BTC have not changed the operating framework of the large level and the internal structure of the potential "downward relay" box of the daily chart. Even the small level has returned to the original bearish side, so there is no need to change the short-term benchmark for market monitoring. Taking two months ago as an example, there is an expectation of an upward pullback in the market after a major drop, but this pullback cannot be directly pursued. It requires intervention and upward game during small-scale dips. Prior to this, the main approach was to adopt a low long strategy after a pullback. Differently, with the ongoing sideways trend and downward pressure, the expected upward space is smaller and more difficult to achieve. From the weekly trend, the price has contracted horizontally at a low level for 6 weeks. Whether in terms of time or amplitude, this structure has reached the end. Considering the overall volume contraction and amplitude narrowing, it is also necessary to plan corresponding intervention points and operation methods for potential changes. Due to the current price of this level still being suppressed and not showing a recovery pattern, and the structure also belongs to a sideways trend after the decline, priority should be given to following the original trend, that is, reserving orders after the price drops. In addition, we only focus on the retracement after the price reaches around 100000 yuan, and other points are monitored and referenced in the lower levels. From the daily trend, the price has formed a small horizontal trend within the original box after the center of gravity has shifted downwards. Before breaking through the stable MA30, the suppression here is still suppression. Even if there is a breakthrough, due to the formation of new suppression above and the downward movement of the original suppression, the suppression from 92200 to the original upper track 94150 also determines that the upward trend is not coherent. It can be done low or high, or it can be a retracement after the breakthrough, but the uncertainty of playing directly upwards is significant. From the perspective of the 4H trend, after the price recovered from MA250 yesterday, it did not stabilize the trend with 3-6 horizontal bars online. Instead, it was a direct waterfall, and the sharp drop at the end of the long horizontal bar is likely to be the starting point of a new downward structure. The rise before the stabilization of 4HMA250 does not need to be pursued, only a further downward exploration of the low long trend, and other modes are not considered for the time being. From the trend of 1H and below levels, before the upward structure emerges, there is not much analytical value, and it can be linked with other levels of operations. Summary: The high-level box remains unchanged, but the center of gravity and suppression are both shifted downwards, mainly reserved for operations after the price falls out of the upward space; The current return to the bearish side in the lower tier is linked to the operation of the higher-level strategy. Short term support 84866~83133 (keep an eye on the market), second support 77630~75180 (outside the existing operating area, 1:2 can be hung, combined with the deviation from 80650 and daily bottom, all effective in the near future), other high-level hanging orders do not need to be withdrawn. Short term suppression of 92200~94150 (not a direct game, can be done by retraceing the daily small sideways double needle and MA30 after arrival), second suppression of 98699~101574 (form suppression, not in the existing area, but with heavy selling pressure after arrival, retracement of 95300 to 94150 can be short-term) Reminder: All legends and points only display actionable trend types within personal cognitive range, purely based on personal opinions, not trend predictions, and not investment advice. Please independently judge risks and DYOR (Do Your Own Research)! BTC