Daily Market Interpretation - BTC 06/23 Since May 22nd, there have been warnings of risks on the market at different levels, structures, and degrees almost every day. The summary given last week was to prevent the 4H from breaking the level and triggering a larger level of decline. The sustained pullback since the evening of the 20th confirms my hypothesis, and the pullback is still spreading, or spreading to the point where multiple forces are unable to turn the tide. From the weekly trend, it is often stated that the price belongs to the conventional repair towards the MA30 area after exceeding the bullish trend. This viewpoint remains unchanged, and in the next one to two weeks, it is estimated that the main trend will still be a retracement. This is the background, and more practical operations should be based on small-scale trends. From the daily trend, the low point where the price retraced yesterday was precisely inserted into the<main control line>98666 area. The reverse drawing on the local bearish side after retracement of the control line is normal and brief. There is not much room for long position operations during the upward process, mainly focusing on high selling after the reverse drawing and low long positions falling back to the previous low area. From the trend of 4H to 12H, these two structures representing the medium to long term trend generally show a pullback state after breaking through, which will inevitably lower the center of gravity of the price operation by one dimension, triggering a larger level of qualitative change. Feedback in practice is that the sustainability of the price rise process is poor, with heavy resistance, making it more suitable to participate in the rebound after falling back. From the level of 1H and below, the daytime rebound belongs to a restorative rebound after a small-scale oversold, and does not have sustainability or reversal effects. As of the current point, it can be declared that the rebound within the structure has ended. The current range and above are areas where active selling occurs. Summary: There is high-level support below, which can participate in rebounding, while there is low-level structural suppression above, which is not suitable for chasing long. Short term suppression: 102730~103658 (no breakthrough type), short-term support: 99788~99122 (slow decline can enter, fast in and fast out), second support: 97980~97066 (reserve a small range of pins, fast in and fast out), Lucky single 94777~93888 (can be hung) Note that the above points are independent structures and should be processed in batches. Do not merge positions, BTC