Daily Market Interpretation - BTC 07/03 As mentioned earlier, BTC is experiencing a form of suppression in the range of 108280~109272. After entering this area, the price starts to stagnate and fall back, but the selling pressure is limited. In addition, internal level support is starting to move up. Those who have short positions in their hands should take a wait-and-see approach and wait for further gains before considering further. From the 12th to the daily trend, the price rebounded after reaching MA30 on the 1st and closed at a moderate bullish line, which determines that in the slow decline mode, the next few days are a safe period based on the starting point. Even if there is a sudden decline, there is still time to react; At the same time, as the price has not recovered from the previous form of suppression, the psychological expectations for further upward momentum should not be too high. (This is the background) From the perspective of 4H and below levels, although the price has entered a form of suppression after a continuous rise, there is no reverse structure, which is not conducive to short selling operations. The ideal situation is to wait for another period of oscillation, and during the second high process, there will be a structure that conforms to the top deviation before moving forward. At the same time, the structure after consecutive gains is generally on the bullish side, with varying degrees of support structure formed below. If there is a pullback, one can refer to the 1H or below level to participate in short long positions. In summary, the current trend is a high-level oscillation of the hourly line. After a continuous rise, the market did not reverse, and short positions are difficult to operate, requiring further opportunities for upward momentum. However, the market after a continuous rise also generally has support in the secondary level, supporting long positions with end of pipe breakthroughs and long positions with spatial downturns. The former needs to be monitored and can refer to the video ideas, while the latter's position reference is as follows: The second support is 106888~105930 (fast in and fast out of the market), and the middle line support is 102189~100978 (can be hung). Currently, it is within the form of suppression, and the upper suppression reference is 110200~111582 (short selling needs to be accompanied by a top deviation below 1H level), Note: There is no short-term support marked too close today. What you want to do is to focus on MA250 at the 15-30 minute level (around 107910~107500). As it is a market trend after the rise, other long positions are not ideal. Try to focus on the market or reduce the frequency of long positions. BTC