Daily Market Interpretation - BTC 02/24 Looking at the trend from 12H to the daily line, the price has not broken the level temporarily, but the range of the existing fluctuation range continues to narrow, with an upper limit of 98900 and a lower limit of 93700. There is little opportunity for short-term operation, and the trend is also facing imminent changes. Both big opportunities and big risks will appear in the near future, and relevant strategies need to be formulated. From the perspective of the 4H trend, the price has been in a state of breaking through and rebounding since the beginning of February. There is no ideal support or opportunity to recover from the downtrend in the middle line, but short selling remains at a high level without falling. Faced with the structure of the daily line reaching the end of the contraction period, it is best to wait for the price to have a clear exit segment before entering again to reduce the risk. Looking at the 1H trend, when we surged above 99000 in the early stage and broke through to 96500, we were alerted to the risk. Currently, the decline is still ongoing, and the small level has experienced a narrow horizontal trend for up to 20 days, with a chaotic internal trend and little reference value. Combining with the large level, we can consider long and short support, but the visible rebound space is limited and needs to be monitored for trading. Based on the above information, BTC is at a turning point and there are not many good opportunities within its structure. It needs to be monitored and dealt with. If there are good opportunities, reverse operations should be carried out after there is a clear opening. At this point, the price has reached the short-term support range of 94666~93480 as mentioned earlier. Holding onto the small positions received, there will be a rebound and an active exit. If it falls below this range, wait for a pullback in the area before reducing the position and leaving. Second support 88888~86370 (sudden drop to rebound), short-term suppression 99016~100018 (large volume breakthrough and retracement can be entered, also a small area level, fast in and out, temporarily unable to see trend market) BTC