Daily Market Interpretation - BTC In the previous text, Sugar Brother suggested the support of BTC at 83910, with a low of 83822 in the market. Although I did not do it due to time reasons, it did not affect the accuracy of the point level. He suggested that the suppression of the slow rise point is at 87640, and the current market peak is at 87628, which also shows the necessary suppression. From the trend from 12H to the daily line, the price belongs to the retracement after the standard bearish side falls below the downward channel line for the second time. Combined with the overall pattern, the current price and above belong to different levels of suppression areas, and can only be reserved for high selling after rising. The conventional upper track is in the high point area on November 28th. As we are currently in a slow rising area, don't expect too much from the upward trend. The downward orders remain unchanged, and the low point of regular fluctuations is expected to be around the starting position on November 21st. From the 4H trend, it can be seen that the daytime retracement pen has entered the reversal stage, combined with the suppression of the upper form and the downward movement of the moving average system, there is almost no upward space, and the idea of first falling or slightly rising and then sharply falling is used to reserve the current market. Until there is a significant increase in volume above 91500, the local view remains unchanged. From the trend of 1H and below, it can be seen that there is still some bullish support in some areas, and there is a general feeling of nodding and shouldering. However, through observation at smaller levels, there is not enough upward space, or in other words, the upward trend on the bearish side is already an unsustainable (easy to pin) structure. Summary: The large-scale pullback is still on the bearish side, combined with the downward pressure from various levels above. Personally, I do not see much opportunity, and mainly engage in short-term reverse operations at the internal level after amplifying fluctuations; The bearish form of 4H and the head shoulder bottom structure of 1H may seem contradictory, but they are not actually in conflict. In other words, they are both part of a wide oscillation box (upper, middle, and lower track relationships), with similar forms. However, relying on a single K-line form does not have strong reference value, and does not change the inherent support and suppression of the large level of the market. Short term suppression of 89320~90750, second suppression of 93550~95000 (after arrival, it does not change the bearish trend of the large level, but will raise the center of gravity of the price operation of the small level); The radical support range is 85510~84340 (keep an eye on the market, 1:2 fast in and out), and the short-term support range is 82850~81360 (1:2 can be hung up). The two ranges are similar, but the time and space of their meeting are different. The former cannot enter the market after a sharp decline, while the latter rushes to rebound after a sharp decline. If the decline slows down, the two regions can be used separately. Note: After being prompted in the radical group of 1H, the price has already risen. Considering that there is too much compound suppression above and there is not much space, we will not offer the current price mode; Long term effectiveness of high-level support in the early stage, 78760~76260~74110 (1:1:2 can be hung, sudden drop to rebound) BTC