Daily Market Interpretation - BTC The current operating environment of BTC has returned to the bearish side of the bearish trend, with a relatively weak trend. In the future, it is necessary to continue to reserve a narrow sideways or double dip operation mode. From the daily trend, the focus of operation in the past month has been around 68030. After the increase in volatility last week, the variables here will increase; Long term suppression further lowers or delays the expected upward space in the future. From the trend of 4H to 12H, the price is generally in a pullback state after falling below the MA30 level. The suppression after breaking the level is suppression. Depending on the specific form, we reserve a high selling strategy of direct decline or sudden reversal, and do not directly play up. From the trend of 1H and below levels, the technical direction is relatively clear, with typical lifeline tactics in some areas, which can be targeted for short-term gains. However, the rise in small levels will be included in the rebound of large levels, making it difficult to sustain. The ideal operating mode for this area is to combine high-level support or suppression operations after a short departure period has occurred. Summary: Last week's sudden rise followed by a gradual decline naturally resolved the selling pressure of the medium-term structure, indicating that the main force did not want the price to fall too quickly. Therefore, the second horizontal trend of the daily chart will be relatively prolonged in terms of time and range. However, the support during the callback process did not show sufficient strength, so it cannot be judged that the center of gravity of the operation will be locally raised, but will be amplified around the upper and lower tracks of the entire sideways trend. For example, if the current price is below the daily MA30, a downward amplification trend should be reserved before there is an effective recovery. Similarly, the second downward sideways trend of the daily chart has entered the second phase, which is connected to an overall change in direction. Overall, it is necessary to be vigilant against the temptation to buy after the price rises on the bearish side, or the downward trend after effectively falling below. (In terms of details, Sugar Brother updates daily based on specific trends) Short term suppression 69162~69726, second suppression 72330~73570, Short term support: 63937-62969 (keep an eye on the market, fast in and out), second support: 58950-57853 (fast in and out) Long term positioning: The upper structure extends from point 77044 to 78982, while the lower structure extends from point 57070 to 53750 (1:2) Note: After the price recovers from 67880, if it remains sideways for 24-36 hours or more, it is a current price order that holds onto that level. Prior to this, only the low or long after refreshing the low point needs to be reserved. BTC