Daily Market Interpretation - BTC Earlier, Sugar Brother pointed out that BTC's form was suppressed at 66210, and the market began to decline after reaching a peak of 66304. Those who have reserved high selling positions should pay more attention to price changes. In the current trend, it is still necessary to reiterate that the price is on the bearish side of the bearish trend, and the daily chart is in the second downward sideways trend. All upward movements during this period are a reversal of the trend and will not change the already downward trend. All up, only reserve higher high throws, all down, wait for the potential bottom to leave after refreshing the low point, this is the current mode with a higher safety factor. After a trend oriented decline begins, it will not simply end. During this period, there should always be a consideration of a 3% increase followed by a 3% decrease or even more, as well as a defensive mindset of oscillating for 1-2 months before reaching a new low. In the next 10-20 days or so, closely guard against an accelerated decline in prices similar to the one at the end of January. A sideways trend after a drop is the most enduring. As for the short-term trend, when the price is above 62660, the long short-term oscillation can still be maintained, but only limited to the fast in and fast out during the slow decline; In addition, it is necessary to reserve high selling after a direct surge, as well as low selling after further refreshing the low point. The relevant ideas can be found in previous articles, and the corresponding positions for the three are as follows: The current position is still within the shape suppression range mentioned earlier, with resistance still present. The shape suppression above refers to 70565-72310 Radical support 64180-63460 (limited space, slow decline fast in and fast out, stop loss 62660, 1H entity), short-term support 59080-57510 (cooperating with 4H bottom divergence fast in and fast out), second support 54999-53060 The 43500 position has idle money to hang for a long time. There are too many things to say, it's impossible to write down every topic. For questions outside of the daily market, you can post them in the comments section after reading the article, and I will reply to them. BTC