Daily Market Interpretation - BTC 07/14 Earlier, Tang Ge suggested that after four days of three positive days, some room for upward momentum can be reserved, but continuing to be bullish is irrational. The measurement is suppressed at 123123, and the highest level in the market is 123214, which is relatively accurate. After entering this area, the upward trend is hindered. The high point of 123K today is 3% higher than the high point of 118K last weekend, but the constantly rising price makes people more restless. It seems like another century has passed, and although most technical indicators are positive, I dare not be too optimistic in my heart. It may be due to subjective emotions being too strong, or it may be a person who is afraid to chase high. Anyway, I will start with conventional technical analysis to objectively sort out the trend. From the perspective of week K, the price has been rising for another month without realizing it since hitting MA30 in mid June, and the trend still belongs to the bullish side. With MA30 as the anchor point, short-term risks can be considered as feedback in the sub level during the continuous rise process, but there is currently no systematic risk at the weekly level. From the range of 12H to the daily line, Tang Ge reminded last week that "the recent 3-day rise has deviated from the horizontal area since May 22nd and belongs to the new upward starting structure in the overall structure, rather than the original horizontal trend. Therefore, it is positive for the overall trend and will prolong the overall upward period." This viewpoint remains unchanged. (Refer to the previous text for details) Since it is a new upward starting structure, the horizontal high point since May 22nd, which was the suppression area before breaking through last week, can be regarded as the neck line of the current head and shoulders. If there is an opportunity to retrace in the future, this line should provide a long opportunity. From the trend of 4H and below, it can be seen that after each level rises, they are all on the bullish side. It is a bit extravagant to expect a continuous rise after the game rises, but it is allowed to have a low bullish trend after horizontal or spatial retracement. In terms of details: From the 1H trend, the daytime surge and last weekend's high point have formed a potential divergence and increased divergence rate, which is a linkage signal after most upward trends. However, it is also necessary to prevent this level from entering a sideways or downward trend. The buying point after a downward trend should refer to the lifeline strategy (which can be amplified by one level), while the buying point for a sideways trend should wait for the moving average to bond and break through the MA30 level at the end before stepping back (breakthrough style). Suggested benchmark reference: Daily K head shoulder bottom neck line, 1HMA30, 15 minute MA250, Short term support 119839~118250 (fast in and fast out), second support 112260~108580 (1:2 can be hung), measure suppression 130190~132390 (meaningless, no need to play multiple orders) BTC