Daily Market Interpretation - BTC 06/12 The previous text suggested the idea of rising without chasing, and falling fast in and fast out. The price fell back near the relevant suppression, and there was a partial rebound in support, which basically met the expectations beforehand. Today's trend is still not ideal, waiting for the opportunity to operate after the price further declines. From the weekly trend, it can be seen that the price is still in the regular consolidation stage after exceeding the bullish range. Whether in terms of time or space, this consolidation is currently insufficient, coupled with potential deviations at this level. On the one hand, we should be prepared for long-term high-level sideways trading, and on the other hand, we can continue to place spatial pending orders around and below the weekly MA30. From the 12H to the daily trend, the relationship between the K-line and the moving average has been very awkward, giving me the same feeling as yesterday. During the downward trend of the price, it will provide support at positions related to the lifeline strategy, but it is difficult to hold on or rebound. At this level, the main focus is to guard against breaking levels, and when it spreads to smaller levels, it is mainly to look at the long and short. From the perspective of the 4H trend, this feeling is similar to the view of the 12H and daily lines above. The K-line and moving average have a strange relationship, with fate but no fate, and it is highly likely that they cannot be coordinated. There is no need to do so. From the intraday trends represented by 15 minutes, 30 minutes, and 1H, the prices are in a state of either breaking levels, ineffective support, or not yet stopping the decline. Each has its own characteristics, but they are not positive trends, so I will not go into detail. In short, wait for the 1H level to fall back again before considering fast in and out. Short term support 106920~106312 (keep an eye on the market for fast in and fast out), second support 105319~104320 (fast in and fast out), short-term suppression 108410~108830 (resistance reference, no breakthrough type), Non existing fluctuation range point, regular fluctuations will not reach, reference for large fluctuation market: 100210~96432 can be hung, and there is still another opportunity to grab another price when the price drops by 11-13%. BTC