Daily Market Interpretation - BTC 07/01 In the previous text, Sugar Brother suggested not to chase after the rise, mainly to guard against a secondary decline in the 1H level. After further decline, link with the long and short thinking of the 12H level and above to operate. The current price is still running within the framework, and the details have been updated as follows: From the trend from 12H to the daily line, the recent two-day decline is a routine decline after the price was suppressed by the near form last weekend. Currently, it is close to the area of looking long and short below, and with the support of small levels, it can participate in the rebound and reserve orders below. From the trend of 1H to 4H, the moving average system belongs to a mixed state of long and short, but overall it is still on the long side of the long cycle. This situation still does not support chasing gains, but can participate in rebounding among the existing structural lows and high-level lows after breaking. From the trend of 15 minutes to 30 minutes, the current short-term structure is generally in a break state, with a weak trend. It is important to be cautious of falling first and wait until the drop is over before moving on to a level above 1H. Summary: The major level is still in a state of oscillation, relying on the support or form inside the oscillation box to participate in the rebound. The minor level is still in a breaking state, and after further exploration, it will be linked with the major level operation. The relevant point references are as follows: Short term support 106040~104988 (1H slow decline can be entered, watch the market fast in and out, there is not much room for initial rise, not suitable to stay for a long time), second support 103510~102173 (can be hung, fast in and out, every 3% interval can be snatched once, a total of 2 times), form suppression 108790~110164, BTC