Daily Market Interpretation - BTC From the perspective of BTC's overall structure, it is still on the bearish side of the bearish trend. The support level at 582 in the early stage still exists in the current market, but after several days of backtesting last week, its support effect will gradually weaken. The core of short-term competition will unfold around 56488. Whether the region will break through in the future is also the key to determining whether the third downward trend is coming. Simply put, before falling below the 564 area, the daily chart will undergo a triangular contraction with 564 as the low point; If it effectively falls below, it may enter a new rapid downward channel and then seek support in the area of 46000-420000 (key), with connections in between to avoid direct thinking patterns. From the current mid to short term trend, all levels are generally in a state of either breaking through or reaching suppression. The current price area has not generated effective buying points, but needs to break through the accumulation structure. Considering the limited upward space and the potential for bearish selling pressure, the current price order will not be given any further support. Going down, there will still be a support range that looks longer and shorter. So in the short term, there are many options, mainly waiting for the price to further decline and reach the corresponding support level before considering opportunities for fast in and fast out; Those who enjoy short selling should wait for the exact reverse selling pressure to occur. Short term suppression 60860-61187, Second suppression 61890-62377 Short term support 58402-57910 (keep an eye on the market, slow down, fast in and fast out) Second support 56677-56177 (small level can be hung, fast in and fast out) *50410-47710 area can be hung for a long time, with a validity period of 60 days. BTC