Daily Market Interpretation - BTC As mentioned earlier by Sugar Brother, the upper and lower tracks of BTC in the early stage of sideways trading are around 83000 and 72000 respectively, which can be considered as overnight arrival. The range of upper and lower tracks will still be valid in the later stage. The price is around the two levels of support mentioned earlier, and they have rebounded separately. If they are currently profitable, they can take profits on their own. The expected fluctuation range of the current market is basically the same as yesterday, mainly waiting for opportunities to fall first and then rise. From the daily trend, yesterday's needle tip has tentatively inserted into the high point area of the March 24 sideways trend (an important form support area that has been talked about for a long time), and the local market reaction after contact is strong. Roughly speaking, this daily decline is coming to an end and should not drop much in the short term; In terms of details, there is still a lack of consolidation action at the bottom before the next stage of horizontal consolidation or partial pullback. So, the recent retracement around 72000 can be treated as an opportunity to see the long and short, and some chips should be left for a rebound in the middle line of the game. (The meaning of this paragraph is to pay attention to the connection between the position of the overall structure and the short-term trend.) From the 12H trend, after several price injections, the entity has consolidated above the<main control line>75180. Looking at the wave pattern and potential of the K-line, the bearish trend in this level tends to decline, and the possibility of entering a volatile trend increases. However, there is no bottoming out or recovery meaningful trend in this level, and more details depend on the smaller level. From the perspective of the 4H trend, the moving average system is a standard bearish arrangement, and the rebound potential after oversold has dissipated. Taking this level MA30 as a reference point, it is almost impossible to rise a lot in the short term, but the extent of further decline is also limited. It is highly likely that the follow-up will be centered around the<main control line>75180 and the shape high point around 72000, and a phased bottoming action will be taken. Judging from the overall structure, this' bottoming 'will still be a downward relay nature. (Refer to the trend operation from late November to late January) From the trend of 1H and below levels, it can be seen that each level has not stopped falling or bottomed out, and the pattern relationship is similar to that described in 4H. There is no further feedback information. It is recommended to focus on the oversold (6-8 consecutive drops) or slow down pattern of the 15 minute level, and combine it with the support of the large level to see the long and short. Summary: The trend at all levels is generally on the bearish side, but at the same time, they are all at the end of the decline. It is recommended to seek opportunities for low to long positions during the decline. Short term suppression from 78050 to 79080 (resistance area) The second suppression range is 80920~82240 (potential short to medium term retracement and sharp drop point, continuing to rise is also a plug) Short term support: 75348~74910 (watch the market, fast in and out, be cautious of sudden drops) Second support 73770~71750 (1:2 can be hung) Note: Trading against the trend should strengthen the duration of market monitoring, reasonably control the duration of holding positions, and avoid chasing high prices. BTC