Daily Market Interpretation - BTC As mentioned earlier by Sugar Brother, BTC is in the form of a golden spider at the 4H level, and the corresponding structural high point is in the 688 area. However, there will be resistance when it approaches 668, and the price will fall back at night when it reaches 669, which is in line with expectations. The argument that the major cycle is in a bearish trend on the bearish side remains unchanged for the time being. Currently, it is only a partial rebound driven by the 4H structure, which will not directly change the form of the major level, but will delay the downward momentum of the minor level, thus bringing out rebound waves internally. From the perspective of low-level trends, the upward wave pattern that has emerged since the beginning of this week has built many support platforms below. In the short term, if these platforms are retraced, they can serve as emergency points for a sharp decline and rebound. If these platforms merge with high-level support over time, they are expected to become the starting point for prices to move towards the 688 area. The short-term resistance is still within the current range, but it has no operational value. The main focus is on the secondary decline after the small level breaks, and short-term suppression is 68499-69527 (the structural high point corresponding to 4H Golden Spider) The previous aggressive support of 65829-65610 is effective, but the rebound space is less than 0.5%. It is recommended to use 65650 as the core support area, repeat at the 15 minute level, resolve the selling pressure above, and then move in (including recovery), with a stop loss of 65520 (1H entity) Short term support 65086-64293 (slow decline fast in and fast out), sudden drop grabbing rebound point 63289 (keep an eye on the market nearby) Note: All points in this article are academic reference points between small communities. For high-level points, please refer back to the previous content. BTC