Daily Market Interpretation - BTC The short-term long and short positions mentioned earlier have all been achieved, and they are all clear positions given in advance, making the operation easy. The core idea of the high-level strategy is to pay attention to the secondary decline after the pullback at the 12H and daily levels. This strategy is still ongoing and is also a key point to be added today. From 12H to the daily trend, the price broke through the support of the MA30 daily line in the form of a large bearish line, causing the market to enter a new downward range. The recent rise from last night to now belongs to the small-scale oversold and pullback behavior after breaking through the previous support, rather than the independent support structure that helps the rise. Therefore, the risks involved in the internal level rise should be considered first. From the perspective of the 12H trend structure alone, when the price falls below the daily MA30, it also forms a class M top structure. The current position where the price rebounds is the daily MA30, the class M top neck line, and the selling point of the three methods of decline. It is not recommended for bulls to participate rashly in bearish forms. In the next 2-3 days, the main focus will be on preventing a decline after the end of the draw. From the perspective of the 4H trend, internal fluctuations are active due to the influence of news. However, all the high points of the pullback are limited to the position of MA250, which has suppressive significance. Above them, there are layers of downward pressure, making it difficult to give an overly optimistic valuation in the short term. More content needs to be referenced through smaller levels. From the 1H trend, the moving average system generally shows a bearish arrangement, and the V-shaped inverse structure also has a positive meaning. In the bullish trend, after completing horizontal consolidation, this form is also a position for aggressive long orders to enter directly; However, due to the persistence of the current bearish side and the lack of high-level support, it is not recommended to adopt a radical single order mode to participate. There are still many details, so they will not be listed. For trends at 1H and below levels, the main focus is on guarding against dips in the main linkage level. In actual combat, it is sufficient to reserve the reverse direction after the departure segment is generated. Summary: The overall outlook is not optimistic, and the outlook for the lower levels is not positive either. We still pay attention to the downward trend first, and the reference for long and short positions is as follows: Short term support of 88710~87990 (aggressive type, fast in and fast out), The second support range is 85668~84555 (available for hanging), which is effective for high-level hanging orders in the early stage. Short term suppression is in the current region, Above suppression reference 91850~92836, BTC