Daily Market Interpretation - BTC 03/18 After entering the short-term suppression mentioned earlier, the BTC price is on the verge of collapse. Against the backdrop of maintaining a sideways trend on the daily chart, there is no clear opportunity for major levels, and more of it is fast in and out at levels below 1H. It is necessary to reduce the frequency of operations or not to operate, mainly to prevent falling and hanging below multiple points. From the daily trend, today is the 7th day of narrow sideways trading, and the time is not far from a change. The price is above MA250, indicating that the bullish trend is still there. It supports placing orders and rebounding in batches after breaking through the existing K-line and stepping back to the high point of the previous high-level sideways trading. (For specific details, please refer to the video release later) From the perspective of the 12H trend, after closing at this position at 8 pm, the basic structure of the three methods of decline has been established. This pattern determines that there is a high probability that the market will not rise much in the short term. On the contrary, there should be psychological preparation and prevention for further decline. From the trend range of 1H to 4H, the price is in a slight breaking state and there is currently no long structure. If the internal trend is still slightly fluctuating, the decline here is much easier. Short term spot and long orders can be left on the sidelines and considered after further refreshing the low point. Based on the opinions of various levels above, the overall trend is still bullish, but the internal structure is generally not easy to rise. Traders should reduce the frequency of operations or not operate, and patiently wait for opportunities to rebound with low and long positions. The reference points are as follows: Short term suppression is in the area up to 83320, with reference to 84690~86010 for further suppression. Short term support is 80510~78640 (aggressive type, 1:2 fast in and out, if it is only a superficial insertion, it can break even and hold for a longer time). Second support is 74480~71960~68380 (1:1:2, the first two levels need to be fast in and out, the third level and 70000 level can hold the middle line, which may not be reached in the short term, but can be hung up in the near future) BTC