Daily Market Interpretation - BTC 09/02 The trend structure and corresponding relationships of BTC at different levels are simple and clear, but constrained by the position of internal levels that are neither up nor down, regardless of long or short positions, the operable space is very limited. The ambush of low and long positions at the daily level and the reverse operation after the 4H rise are the main patterns that follow. From 12H to the daily chart, the price is trending downwards in a bullish trend. As of now, there is no clear signal of bottoming out. Judging from the basic volume, the turnover of chips is also insufficient, and it is highly likely that the original trend will continue. Therefore, the long-term support level can be maintained. Taking a step back, even if the market rises directly here, due to the overall structure, the height and sustainability of the rally are not strong, and the second rally after the rally will also go through a long period of accumulation, so don't worry about a bearish trend. From the trend of 1H to 4H, the K-line pattern has initially taken on a bottom shape, indicating a gradual decline. However, the bearish moving average system and other forms with suppression meanings are more concentrated above. The price is a pullback on the bearish side, and it is difficult to do long and short positions in place. The ideal opportunity is the high selling after the price further rises and the rebound after the spatial type breaks through the low point, as mentioned at the beginning. On the short side, there is a high-risk aggressive order, and the feeling of practicing with small positions is playable: enter at the current price of 110217~109350, stop loss of 109220, take profit reference 1HMA250 and close as soon as the high selling range below is good. The area of 111040 has short-term suppression, but if you want to do high selling, you need to wait for the price to further rise and enter the area of 112780~113700 before considering it. As the suppression moves downwards, breakthrough points need to wait for the price to rise to a higher area of 114280 before considering it. Short term support: 105450~103840 (can enter slowly, 1:2 close in/out), second support: 101830~99515 (can be hung), BTC