Daily Market Interpretation - BTC 04/23 The previous text mainly pointed out the suppression of BTC at the daily composite M top and neck line position. After entering the established range of 91344~92748, BTC planned to take profits in batches on previous chips. Today's situation is that the local K-line has become strong, but the suppression of the neck line position has not changed, which is also the difficulty and focus of the analysis. From the trend from 12H to the daily line, the price broke through the suppression of the moving average band in the form of a standard large bullish line, causing the trend below 4H to show a bullish arrangement. In the worst case, it will also extend the sideways time of the daily line above MA250. Overall, the daily composite M top neck line and the selling pressure above it are just beginning to digest; The large cycle moving average system within the range of 12H to the daily line is still bearish, and there is a divergence between the K-line and the moving average, which has not been effectively sorted out; The area between 941 and 983 is a closed space formed when the moving average system diverges towards the bearish side in the early stage; It is also an area of intensive chip trading; These are objectively suppressed in terms of technology. In the local market, a 6% bullish candlestick was closed yesterday, which also means that the short-term bulls are very strong. Faced with the short-term strong bulls and objective suppression above the major level, from which perspective should we judge the potential trend? In fact, a strong short-term bullish position corresponds to its support at the starting point, which is located in the middle and lower part of the rising bullish candlestick and the neck line of the daily chart; In terms of time, even though the previous suppression has been implemented, it has not stabilized. If we follow the path of time consolidation, new buying points will form in 3-6 days on the premise that the price remains sideways above 913. Speaking of which, today's thoughts are gradually becoming clearer. From the trend of 1H to 4H, the local K-line and moving average systems are actively bullish, especially at the 4H level, where there is a significant divergence between prices and moving averages, resulting in poor continuation of gains; In the 1H level, after yesterday's price retraced to MA30, the price remained above MA30 and above MA250, corresponding to the short-term holding strategy of waiting for an increase. However, there are currently three upward sideways movements, and if we continue to sprint upwards, it will be the selling point on the left side of the short-term (more appropriate to cooperate with the top and deviate), while on the right side, we will hold onto MA30 or withdraw after falling below it. Combining the trends of the above levels, when reading the market, the most feedback we receive is that the suppression of the upper levels is just beginning to be digested, and the suppression is still very obvious. The idea of rising first and exiting first during the day; Although the price has been suppressed at a large level, it has not stabilized. If we follow the time consolidation route, we will focus on the daily MA180 to see the long and make the short and the long. If we follow the spatial consolidation route, we will focus on the 4HMA30 to see the short and the long. The relevant points are as follows: Short term support of 91710~91120 (time adjustment route, look for long and short, slow decline can be done), second support of 88940~87418 (space adjustment, sudden drop to rebound, 85710 regular fluctuations will not arrive, can reserve a pin), medium and short-term suppression of 95165~98228 (for opening and splitting), stop loss uniformly adopts the form of falling below and withdrawing. BTC