Daily Market Interpretation - BTC 03/16 The BTC daily chart is still in a bullish trend, but the short-term structure is bearish. Today's aggressive orders have not been able to break through, and the price is in a further period of oscillation and contraction, leaving little room for operation in the market where the amplitude was originally less than 3%. On the big idea, we should reduce the frequency of operations to prevent further possible 4H level dips, mainly by breaking through low points. Looking at the trend from 12H to the daily line, the center of gravity of the price has shifted downwards, and the short-term structure is clearly on the bearish side. There is an 80% probability that next week will face a similar reversal as February 25th, and the specific direction is unknown. In accordance with the principle of following the structure, we need to reserve pending orders after breaking down. From the perspective of the 4H trend, the price has fallen below the support of 83100 but has not recovered. If this situation persists, we should be cautious of further price dips at night. If there is a rebound after hitting a new low, we can fast in and out, but we cannot be complacent. Short term support 80110~78637 (aggressive type, fast in and fast out), medium to long term support 74480~71960~68380 (1:1:2, the first two levels need to be fast in and fast out, the third level and the 70000 mark can reach the middle line, which may not be reached in the short term, but can be hung up in the near future), medium to short term suppression 86480~88350 (low probability point, no need to play games) Note: The trend before the change is very narrow, hanging too close can easily lead to losses, hanging too low and unable to catch up, either rest or keep an eye on the market. BTC