Daily Share

The trend of Bitcoin last night was in line with our expectations, and it successfully fell back to the 55,000~56,000 range. Ethereum was slightly worse, and we saw it fall back to 2,250, and the lowest price fell back to 2,277. In the short term, it depends on how it moves here. It is possible to consolidate a 1h center. The overall 4h level rebound has not been completed. It is expected that after the short-term consolidation, it will continue to rise above 60,000. Just keep waiting.

BTC

Due to the rapid changes in the short-term market, the article can only predict the market changes at the moment of publication. Short-term players should pay attention to the latest changes in the market and use it as a reference only.

1H：

At the 1h level, yesterday it tended to have a 1h level correction, and it is currently undergoing a 1h level rebound. After a short-term pullback, we will observe whether it breaks through 58500 again. If it breaks through, it tends to rebound at the 1h level to around 59000~60000. It is expected that there may be another 1h level correction to around 56800, and then consolidate a 1h level center, and then break through to the 60500~62000 range. For the time being, it is still inclined to go long on the pullback, and go short when the 4h level rebound is almost done.

15M：

At the 15-minute level, there is some uncertainty in the trend. In the short term, there is a 15-minute level correction. As long as the correction does not fall below 57,000, there will be a third 15-minute level rebound to around 59,000-60,000. If it falls below 57,000, there may be slight changes in the structure. It is believed that there will be a 1h level correction to around 56,000, and then a 1h level rebound.

ETH

Here we observe whether Ethereum can stabilize at the 15-minute level and make the third 15-minute rebound to around 2400. If it does not break through 2391, we believe that it is still in a 1h level correction. We need to observe specifically that if the 4h level Bitcoin statistics shows a central axis that rises above 60,000, Ethereum is also expected to build a central axis that rises above 2500. Therefore, if you see a 1h level correction structure in the short term, you can consider going long.

Trend Direction

Weekly level: Downward direction, extension of weekly decline, theoretically around 49,000, the limit is 45,000~48,000, whether it is over or not still needs to be observed

Daily level: The direction is upward, and we will see if it will fall below 49,000.

4-hour level: The direction is upward. In the short term, we will see a rebound at the 4h level, focusing on the 60500~62000 range.

1 hour level: The direction is upward. In the short term, it should rebound at the 1h level and consolidate a 1h center before rushing above 60500

15-minute level: The direction is upward. Let’s see if there is a 15-minute level rebound to above 59,000.