Daily Market Interpretation - BTC 03/24 (Key) Last weekend, Sugar Brother formulated a trading plan based on the potential upward trend of the 12H three method structure and the 1H trend, which met market expectations and resulted in some profits in certain areas. Today, I would like to first elaborate on my views on the trend from the overall structure, in order to have a rough idea of the possible direction of the market in subsequent operations. From the daily trend, MA250 is showing an upward trend, indicating that the bullish trend is still ongoing, while MA30 is showing a downward trend, which also determines that the upward trend here is difficult to sustain. This means that it is still too early to see a bad market, so it is not advisable to be too optimistic. The worst thing is to fall back on the MA250 and the horizontal upper track below (which has not yet emerged), while the optimistic point is to experience a wide range of fluctuations between 80000 and 97000. Even if there are no major events affecting the market, the pullback will occur in June and July after repeated turnover in the wide range. Therefore, the trend of upward movement cannot be seen, and short-term operations are only supported after forming buy points in the secondary level. There are two lines on the market, one is the main control line and the other is also the main control line, with corresponding values of 90148 and 95160. When the price is below the control line, the control line has a suppressive effect on the price. Even if it is a strong point, it will face a long period of horizontal consolidation after entering this range, Conclusion: The overall bullish trend is still strong, but there is also significant suppression above. Even if it rises, it will take 2.5-3.5 months of sideways consolidation, and currently only secondary trading with internal structure is supported. Looking at the trend from 4H to 12H, after more than 30 consecutive hours of upward movement, the structure is approaching the suppression level. In this area and above, the growth rate is likely to slow down and rebound. In the short term, we should take an active profit taking approach and avoid chasing after gains. We should wait for a sideways or downward trend before observing the future effect. From the perspective of 1H and below, there is a potential divergence in the market, let's first consider the risks. Short term support range 85620~83910 (fast in and fast out), second support range 81453~80666 (can be hung), short-term suppression range 88603~89385, trend suppression range 92177~98625 (short-term no game, only refer to volatility indicators and sharp rise short points in sequence) BTC