Daily Market Interpretation - BTC The current trend relationship of BTC is that the large level continues to operate within the suppression zone, but the bullish structure of the small level has not yet exhausted. The nodes that can be operated are to pay attention to the support during the small level retracement process and the sell off after the large level reaches suppression, and continue to start from the technical aspect to see the corresponding buying and selling points in the trend of each level. From the long-term structure of daily and above levels, it can be seen that the price has successfully broken through the second horizontal upper track, but the long-term moving average system is still in a clear downward state, and further up is the suppression of the form represented by the first daily horizontal track. Whether it is the downward pullback effect when the K-line breaks through the downward moving average or the form suppression after crossing around 84000, when the price reaches the lower bound of the first horizontal area, technically, the first thing to look at is a pullback; When the retracement returns to the upper middle of the second sideways trend on the daily line, technically we will look at the support again (details can be seen in the daily K-chart, and ideas can be seen in yesterday's video) From the perspective of the mid line structure from 4H to 12H, the shape of the long-term structure and the suppression of the moving average system objectively exist in the intraday market. However, the moving average system at this level has maintained a bullish position since the completion of the tower bottom at 4H in early April, and has shown new breakthroughs, which can provide reliable support for subsequent pullbacks. However, as this level is in a small continuous upward environment within a large bearish structure, it does not provide a buying point at the current price or a safe operating opportunity. The main focus is on the support opportunities after a spatial retracement, as well as the selling pressure when further rising to form suppression. From the short-term structure of 1H and below, the market shows a bullish trend. However, due to its consistently high position, theoretically it is possible to hold onto 1H MA30 and play upwards, but in practice it may not be practical (hold back). In my opinion, there is no continuous upward trend. The longer the continuous upward trend lasts, the greater the accumulated risk. Therefore, it is appropriate to give up some high and low bullish positions. Summary: A continuously rising environment can make market sentiment restless, but we must know that the form of suppression in large levels and the support position formed in small levels should be done separately. Short sellers should pay attention to the fact that short positions after reaching suppression in large levels need to be accompanied by top divergence or other structural operations in small levels to avoid entering large positions in advance. The relevant reference points are as follows: Radical support 81830-81520 (slow decline is preferred) Short term support 80836-80540 Second support 79563-78210 The above are the points where you can track the fast in and fast out of the market under normal fluctuations within the community. In case of significant fluctuations, please refer to the previous support. Form rail compression 84250-86490 Form rail compression 88639-90782 See the 4H compression image for details! Special reminder: The first slow decline towards the 76000 area after reaching 84000 is a benign rebound. BTC