Daily Market Interpretation - BTC The short-term support of 69080-68522 in the previous text accurately locks in the low point of the nighttime correction. The current trends of each level belong to a large horizontal range, but the feedback of long and short information from each level is relatively chaotic. Let's sort it out step by step. From the perspective of the medium to long term trend dominated by the daily chart, the price is in a bearish trend. This is the second area of long short interweaving within the downward sideways trend. Before the K-line falls below MA30, it cannot be judged as the beginning of a downward shift in the daily chart. On the contrary, it is necessary to continue to combine small-scale buying points and reserve a upward trend towards the main control line 75180 and slightly above. From the perspective of the midline structure from 4H to 12H, it is also a trend of mixed long and short positions, but this property is a downward interweaving with obvious compound suppression inside, which is not as strong as the daily line. It can be used to play up with retracement, but cannot directly chase the rise. From the level of 1H and below, it is a standard bearish arrangement structure that began with a rebound at night, only aimed at repairing the oversold market on the 18th. Currently, it has been repaired, and the upward trend is a composite suppression range of the medium-term structure. There is no need to chase the rise, first beware of the downward trend, and then continue to reserve the price for the long after the retracement. Summary: The second downward sideways trend of the daily chart in the bearish trend is still ongoing, but the medium-term trend is weak, and the small level has also repaired the negative divergence after the previous oversold. The short-term trend is likely to follow the direction of the short to medium term, mainly adopting the operation mode of first falling and then rising. Short term support 69285-68848 (if the rebound strength can reach the level of completing the W bottom at 4H, it can be held for a longer period of time) Second support 65960-63899 (can be hung) Short term suppression 73370-74445 (stock reference) The second suppression range is 75180-77530 (still the recent rebound selling point) Tip: Short term resistance is 71280-72110. If there is a slow decline in the 70300-69860 area, there will be support orders, but the operating space that can be supported by both is very narrow. It is only a reference for monitoring the market. Do not operate when reaching the first time. Repeat twice before considering. The high-level pending orders in the early stage remain unchanged. BTC