Daily Market Interpretation - BTC From a daily and above level perspective, the price is a regular pullback after suppressing the bearish trend within the second downtrend sideways of the daily chart. However, for the local bulls formed by the March 9th rally, there has not been an effective break, and the price is still in the stage of rebounding on the supportive MA30. So for now, we cannot judge it as the beginning of the second downward sideways turn of the daily chart. However, in the near future, it should be noted that if the daily chart effectively falls below MA30, one should be cautious of the formation of a second downward trend in prices (change pen); After a gradual decline to the MA30 area within the day, it can be followed by a break in the low point of the 1H and below K-line, and then the market can be monitored for long positions and short positions. In terms of the midline structure from 4H to 12H, Tang Ge emphasized in the previous text that the main risk lies in the effective fall below MA30 in 4H, which also indicates that the latest structure has broken the balance of long and short positions in the original market. Today's trend is a continuation of this idea. In terms of specific trends, it is necessary to guard against the transformation of the midline structure from the original bullish trend to a volatile downward trend, and more importantly, to prevent this volatile downward trend from extending to a downward reversal after the daily line breaks. From the level of 1H and below, both the K-line pattern and the moving average structure have unsatisfactory trends, and prices are generally on the bearish side after breaking through. Just beware of a second dip after a pullback in small areas. The position of 69750 has already provided a rebound based on yesterday's level, and the support here is still there at the moment. However, due to the suppression of the downward trend, there is no need to do it again. The main operating point is after the price refreshes its low point. Summary: At present, it cannot be judged as a break at a large level, but considering the time period of the entire sideways trend, the operational space provided is limited. In terms of experience, it is necessary to be cautious of the downward trend of the position in the near future; In the small level, it is normal for Duojun to focus on the long and short positions, but it is necessary to strictly limit the holding time and take good stop loss measures. For players who are accustomed to high selling, it is advisable to take advantage of the situation when trading high. If you don't understand the rotation relationship between trends, you can refer to the learning content I quoted. Short term support 69080-68522, second support 65418-63899 Short term resistance 70785-71027, short-term suppression 71506-71966 If the volatility increases, both the high-level support and suppression mentioned in the previous article will be effective, Long term support for Article 16 (can be appropriately increased by 500-1000U over time): 60110-58176 (can be hung, valid for 2 months) 55522-53830 (can be hung, valid for 3 months) 47510-45140 (Long term, with a validity period of 6 months) BTC