Daily Market Interpretation - BTC 04/04 As mentioned earlier by Sugar Brother, the range of BTC price operation is between 846 and 812, with a minimum of 81211 and a current maximum of 84650, which is generally within the expected range. But technical analysis is not only about understanding where to buy and sell, but also about understanding where the overall risk is high and where the overall risk is low? At present, it is not difficult to analyze the local support and suppression technically, but the overall risks and uncertainties are also significant. Therefore, do not be complacent by the harmless trend of others and let your guard down. So today, Sugar Brother will explain the market trend from both overall and micro perspectives: 1. Overall, the price is above 80800, and the bullish trend is still ongoing. Short positions close to this level will not achieve significant success, but at the same time, there is also obvious suppression above each level, and there is not much room for expansion for long positions. The price is still in a narrow convergence trend. That is to say, 80800 is the ultimate defensive level for multiple orders in the current fluctuations, and it is also the starting level for breaking through and rebounding. It should be noted that a pullback of 860-880 in the short term may prolong the oscillation or delay the downward trend, but it is difficult to form a trend upward, so do not chase after it. 2. On a micro level, a 2% increase in price indicates suppression, while a 2% decrease indicates support. In small-scale trends, although the fluctuation pattern may conform to the strategy, it is too tiring to monitor the trend for several hours at a single point, and there is a risk of daily level changes at any time. So either don't do it, or wait until there is a departure period and try to stay at the relatively extreme point, controlling the opening time within 15 minutes x 8 (2 hours) to reduce overall risk. Short term support ranges from 82482 to 81736 (fast in and fast out), with short-term suppression around 846. Prices are starting to stagnate, but there is not much room for short positions to fall back. If there is further suppression, 86079 to 86720 can be reserved, The support below refers to 77672~75248 (1:2, sudden drop to rebound), the medium to long term support is 71888~70268 (regular fluctuations will not occur, but can be hung), and the medium to short term suppression is 88195~89458, BTC