Daily Market Interpretation - BTC The nature of the current overall structure is a local small pullback where the weekly line rises, encounters resistance, and falls back in a bearish trend, and merges with the support of the daily line level form. The initial space available for pullbacks in this area is very narrow, and it is necessary to guard against the emergence of new daily pullbacks after the pullback ends From the daily trend, the current pattern is a confirmation of a pullback below the trend after a continuous rise. When predicting the direction, the main focus is on a second dip From the midpoint trend of 4H to 12H, the price is in the middle of the long short contraction structure, and the upward trend is a short-term suppression formed recently, which cannot be chased up; Downward is the trend support formed after the April rally, which can participate in the rebound. From the trend of 1H and below, it can be seen that the moving average system is disordered, and many signals in the narrow space of the K-line form do not hold, mainly waiting for the emergence of exit segments, and mainly linking with large-scale reversals. Summary: For high-level players, we mainly focus on the second dip after a small draw, while for low-level players, we mainly watch the market and wait for opportunities to reverse after leaving the segment. The reference points are as follows: Radical support 76610-76197 (15 minutes fast in and out) Short term support 75220-74327 (1H fast in and out) Second support 74020-73438 (4H hanging point) Short term suppression of 78690-79174 BTC