Daily Market Interpretation - BTC BTC's previous rebound at 99000 yuan is a result of the dual effects of high-level support and low-level oversold. This type of needle like position has the largest amount of flesh (commonly known as short-term fish body), so let Wangcai do the other bone biting work. Don't rush, otherwise it's easy to get bitten. From a daily perspective, the price belongs to a pullback below MA250 and<Main Control Line>102172 (see details in the picture). There is a certain amount of resistance from multiple forces below, but it is not enough to change the current situation. The points with operational value within the week are still the pattern of a significant downward trend in the second space of the daily chart. From the trend of 4H to 12H, it is easy for beginners to mistake a continuous drop for an oversold range, but do not ignore it. This position requires repeated small-scale fluctuations to solidify the upward structure before it can be achieved. There is no opportunity for direct upward movement in this level. Moreover, there are numerous bearish structures above, and the rebound space that can be provided is also very limited. From the level of 1H and below, there is a potential W-bottom structure on the market, which will have a slowing effect on the decline during the day, but it cannot provide too much room for rebound. It only has analytical value and no operational value. In actual practice, it is only recommended to do high selling after extending the high point on the right side, and short selling after a second retracement to the bottom of the double bottom. Summary: The major level has already broken through, appearing to be oversold but not stopping the decline. It is highly likely that it is a new starting point for further decline extending to a larger level. The lower level has a bottom building structure, but the lower level must obey the higher level. When this position is not a good operation, the operational value is not significant. Short term suppression: 103488~104178 (without breaking through), 105100~106477 (low probability level, only high selling when reached, cannot be pursued), Short term support will not be given, and those who will do it will focus on the formation of the W-bottom for 30 minutes before doing it, such as the low long strategy of stepping back on the lifeline after reaching short-term suppression. The secondary easing has fallen to a low of the previous short-term support of 99788~98315. Second support 93580~91818 (long-term hanging), BTC