Daily Market Interpretation - BTC The oversold of BTC after a series of major declines is a fact, and there have been some local pullbacks, but overall there has been no significant trend of recovery. The current rebound is at best a repair structure for the oversold part, and after repair, the original downward trend remains unchanged So, objectively speaking, we cannot continue to be bullish on the market after a partial rise. On the contrary, we must reserve a large level to complete a secondary pullback after a pullback From the perspective of short-term trends, yesterday Sugar Brother suggested a short-term suppression at the 88000 mark. The suppression component at this position is quite complex, so this is an important location for observing the strength of both long and short positions in the short term. In the application of technology, it is normal for the region to experience stagflation or decline; But if there is a sudden rise, it is easy to lead to a sharp drop or spatial pullback after entering the retracement phase; The strength or low point after this decline is an important basis for judging whether there will be a midline turning point or bottoming out of the price in the future. (Detailed picture) The area from 87890 to 90500 in the previous text will continue to exert pressure on the market. Due to the small range, Sugar Brother will not give a position, for reference only. The second suppression ranges from 92100 to 93500 (with a low probability, but with a high probability of a sharp drop) Radical support ranges from 84300 to 83600 (small area level, keep an eye on the market and fast in and out, don't do it), short-term support ranges from 82400 to 80980 (1:2 fast in and out), Long term effective position, the area between 78850 and 75360 is not an existing area, and can be hung at a ratio of 1:2 in the long term. 60000-55390 (99% won't arrive, 99% will earn). Note: Overall, if you go there first, then go there first. If you can directly insert into the short-term support level within the day, it is a relatively simple operation mode. BTC