Daily Market Interpretation - BTC It's Friday, the last working day of the week. Looking back at the past 5 days, prices have fluctuated within a narrow range. There was a pullback peak after falling below the daily MA30, and the current K-line is also on the side of the composite bear. It hasn't shown an extreme form yet, but combined with the trend, it's not very positive. We need to closely monitor the performance of the price's second pullback to the daily MA30. From the daily trend, after falling below MA30, the price oscillated for 8 days at a level of 3% daily amplitude. I have explained the trend during this period very clearly in previous articles. Setting aside subjective bullish and bearish views, from the perspective of operational strategy, the market may be simpler. There are three safe modes for this level: 1. After arriving at MA30, combine the low-level form to make short and high throws. 2. After breaking through MA30 with a large volume, reach a high sell near the control line 75180, and then connect with a low long retracement of MA30. 3. Directly retrace to the early stage and focus on the long and short points to see if they are lower. From the perspective of 4H and other midline structures, prices are generally on the bearish side of the bearish trend. After falling below 4H MA30, prices have repeatedly inserted and withdrawn without recovering, and there are also layers of suppression above. Before recovering 70000 yuan, the main bearish trend was that recovering 70000 yuan would lead to a return to volatility, making it difficult to continue rising. In comparison, the energy accumulated by the Air Force is significantly greater than that of multiple armies. The sharp decline after attracting many investors is more advantageous for the main force. From the trend of 1H and below levels, it can be seen that locally narrow fluctuations in the market have no directional guidance. However, when combined with global observations, it is not difficult to find that long-term trends are generally on the bearish side, which resonates with the view of large levels. Mainly beware of the decline after completing the form. Summary: The structure of the size level is generally on the bearish side, and the probability of daily volume breaking through MA30 cannot be ruled out. However, there is a lack of direct upward game basis for the internal level. Therefore, in the current trend, only high selling near the control line 75180 and low long retracement of MA30 (or internal level lifeline strategy) after completion are reserved for this possibility. In the conventional trend, the focus is mainly on the 30 minute MA250 and 1H MA250, and the trading plan is formulated with the idea of exploring the general trend downwards. Short term resistance area 67250-67991, short-term bearish selling pressure area 69222-70926, second suppression 73760-75888 Radical support 64218-63720 (looking for long and short, keeping an eye on the market, fast in and out, unable to enter a sudden drop), short-term support 60414-58360 (1:2 fast in and out), second support 56550-54388 (sudden drop 1:2 to grab a rebound), Potential third downward trend sideways at 47611-38996 (valid for 1 year, long-term hanging) BTC