Daily Market Interpretation - BTC From the perspective of Zhou K, the price is at the level of retracement to the bottom neck of W, and the support at this position is still at a small level. It is normal to lower the price to see the long and the short. However, due to the overall suppression of the downward trend, the upward expectations are very small, so we cannot be greedy. From the daily trend observation, after two rounds of pullbacks from the MA30 level, the price is in an offline oscillation box. This box plays the role of a downward relay structure, and combined with the support of the weekly chart, the fluctuation radius of this level is compressed within the range of 2%, so it cannot chase the rise. It is necessary to patiently wait for the price to return to the lower track of the box or slightly puncture the support. From the trend of 4H to 12H, it can be seen that the middle line is still in the lower part of the long short contraction structure, and the center of gravity of price movement and the bearish head of the moving average are further extending downwards. The support around the original control line (75180) is still there, but it is only for real-time reference by users who will monitor the market. New pending orders need to wait for the price to reach the low point near the 23rd before considering. From the trend of 1H and below, it can be seen that the K-line has not formed an effective buying point, and the moving average system is also dominated by bearish divergence. Yesterday, during the stretch of chips received at the low point, they took profits voluntarily, and new chips waited for the volatility to amplify before entering. Summary: The weekly K-neck support and daily moving average system suppress and converge, compressing the fluctuation space of prices within a radius of 2%. It is necessary to prepare for the combination of looking at the long and short sides of the weekly K-neck, as well as looking at the long and short sides of the daily K-neck to suppress high selling. Radical support 75440-75180 (slow decline fast in and fast out, valid for 6 hours) Short term support 74411-73535 (1:2 fast in and fast out) Short term suppression 76433-77190 (stock reference, no operation) 68500 is a high-level long-term support, and idle money in this area can be hung up for a long time (having support and being able to reach it are two different things, it is 68500 that has support, not Sugar Brother who is bearish on BTC to 68500)! BTC