Daily Market Interpretation - BTC In the past few months, Sugar Brother has been emphasizing that BTC's major trend is on the bearish side of the bearish trend. This view is based on the bearish arrangement of the daily moving average system and above, as well as the fact that the high point of the previous K-line rebound continues to decrease. It will not change due to the local upward movement of small levels stimulated by news yesterday. But I have always emphasized the causal relationship driven by the gear principle of size levels, just like last night's small level rally will not directly change the bearish structure of large levels, but will raise the center of gravity of local price fluctuations, and will play a role in delaying the decline under normal fluctuations. In the case where the bearish trend at a large level remains unchanged, but the upward shift and downward movement of the center of gravity at a small level are delayed, we can take advantage of the support and suppression during the process of raising pending orders. Looking ahead from the 4H trend, the bearish alignment of the moving average system for the remainder of the month gradually intersects at the bottom and diverges towards the bullish side, forming a "golden spider" trend. The local performance is not bad, but respecting the principle of bearish trend, the high point of the right-hand limit of this pattern is around 694, and there will be resistance in the middle around 672. From the 15 minute trend, it can be seen that there have been two consecutive top deviations in the market, which technically means that the bullish momentum is beginning to decline. However, as of now, it has not broken the level, and bears need to be cautious, which also indicates the strong momentum of the bulls yesterday; On the other hand, considering the repeated retracement of the high point after the price breaks through the previous small-scale form high point, it is also necessary to be wary of such breakthrough style sustained top deviation ultimately evolving into a strong wash and suction action. In terms of practice, the first step is to be cautious of the downside risk caused by a 15 minute divergence from the top. After a pullback, it can be used as a normal reference at the support level below. For a 15 minute MA30 drop, it is also necessary to be cautious of local risks; The second step is to try to play the game towards the midpoint of 672 and above, after the price once again breaks through the 15 minute small sideways high point (about 65300), or on the premise of not breaking through the 4H MA30. 15 minute radical monitoring inventory position: 64204 (reference for extending the lower edge of the oscillation), locally reserved pins 63805-63453 (for inter cell nature, fast in and fast out) Short term support 62784-62022, second support 60783-60454 Short term resistance 66473-67271, second suppression 69251-70998 BTC