Daily Market Interpretation - BTC Looking at the overall situation, the relationship between the current sideways trend and the trend belongs to the trend reversal under the bearish trend. From the perspective of various supportive indicators in the overall plan, some areas have not yet broken the level, but the space available for direct upward movement is limited. For Duojun, they need to patiently wait for a pullback before intervening. Upward is only a test of the suppression of the daily MA30, and even if they are optimistic, it will return to the main control line of the market and there will be no trend of upward movement. So don't chase up, and when you throw high, it's going with the flow. From the daily trend, the price is still in the second downward sideways trend in the bearish trend; The current position of the K-line within the sideways market is on the bearish side. Although it has not fallen below the lower track of the overall sideways market, when the price is below MA30, it is important to be cautious of breaking out of the M top reversal structure similar to the last sideways period (end of January); Downward hanging of orders is still a relatively safe and cost-effective operating method. From 4H to 12H, the current K-line is on the bearish side of the sideways structure, while the midline trend shows a volatile downward structure with 12HMA120 as the high point. Overall, there is no operability, mainly to prevent a pullback. But if the price can effectively recover and stabilize in the 69855-71911 area in the future, it can prolong the overall sideways trend and provide an opportunity for a pullback to 74147-75760 (only bearish without preconditions). From the level of 1H and below, the dominant cycle is also in a bearish structure. The rebound of short-term support 65198 in the morning is already coming to an end. This rebound will form a micro bullish structure internally, but the secondary operation space and cost-effectiveness it can provide are not high. It is not recommended to do too much, just beware of the sharp drop after the surge. Duojun should try to give up support from lower levels, reduce operations, and wait for opportunities to see the strengths and weaknesses of higher levels. Summary: The overall market is dominated by bears, with some levels showing partial optimism. It is necessary to guard against the main force's tendency to attract more on a technical level by building a small level bullish structure. Blindly chasing after gains will inevitably lead to losses. Reduce the frequency of operations and use a downward thinking approach to place orders at large levels. Short term suppression is in the current area of 67620, with a reference value of 69475-70376 (stock reference, no operation), and a second suppression of 74147-75760 I won't write about the support for short-term structures. Those who can do it will operate on their own. The following points are generally based on the nature of long and short positions: Radical support 64418-63420 (fast in and fast out), short-term support 59469-57668 (fast in and fast out), second support 56150-54088 (sudden drop to rebound), potential third downward sideways trend 47611-38996, long-term hanging possible! BTC