Daily Share

For the time being, Bitcoin is still in the central oscillation at the 4h level. Please be patient and wait for the adjustment to be completed.

As you can see from the current market, we have been emphasizing that the daily level correction of Bitcoin has not yet come. It is more volatile here, and there will be new highs after the volatility. Judging from the current market, it is still very strong. It cannot fall after rebounding from 64493. Basically, those who are overly bearish may be disappointed again.

Whether the current 4h level correction has ended, we still need to observe. For the time being, it is inclined to the fact that the big cake needs to fall back to around 64000. It depends on whether there will be such an opportunity tomorrow or the day after tomorrow.

 

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, it seems that the price cannot fall any further and is currently fluctuating between 65000 and 69000. If the rebound cannot break through 70500, it will normally need to fall back to around 64000 or a little below. However, if it breaks through 70500 directly, it is highly likely to rebound at the 4h level.

Therefore, it is not easy to judge at the current small level, but there is no problem in continuing to be bullish at the large level. At the small level, we can only say that there is limited downward space, so don’t be overly bearish.

 

15M：

At the 15-minute level, it is currently oscillating in the range of 67,300 to 68,500. It is not yet known whether it will go up again to above 69,000, or fall below 67,000 and fall back to 64,000. We can only wait and see the short-term direction.

 

ETH

Ethereum continues to oscillate in the range of 3200~3400, which is quite frustrating. If it cannot break through 3450 in the short term, it should normally fall back to around 3100. I don’t know if there will be such an opportunity in the short term, so please wait patiently.

Trend Direction

Weekly level: The direction is upward. It is currently a continuation of the weekly rebound that started at 15476. When it ends, we will pay attention to the subsequent daily situation.

Daily level: The direction is upward, the daily rising target is adjusted to around 76,000 or 80,000

4-hour level: The direction is downward. Normally, the decline at the 4h level should not be over. First, observe whether the short-term can fall back to 64,000 again.

1-hour level: The direction is downward. If it fails to break through 70,500 in the short term, there is a chance to go to around 64,000 again.

15-minute level: Consolidation, short-term fluctuations in the range of 67300~68500, see which direction to break through