Daily Sharing
The current 1-hour pullback of Bitcoin has not fully emerged. It can be considered that it is still in the process of this 1-hour pullback, or it is still oscillating in the range of 61000 to 63000. If the oscillation continues for another 2 to 3 days, it will likely upgrade to a 1-hour consolidation, and then continue to rebound.
Overall, this is a shallow pullback, whether it's a 1-hour pullback or a range oscillation, the magnitude is not large. It is expected to adjust in a way of time for space, and after that, it is highly probable to continue to rise and extend the 4-hour rebound. However, since 69000 is a psychological price level of historical highs, this position may not be directly broken through. Therefore, it is uncertain whether it can directly reach a new high in the short term, but on the daily chart, a new high is highly probable.
BTC
Due to the rapid changes in the market in the short term, the article can only make predictions about the market changes at the moment of publication. Short-term players should pay attention to the latest market changes, and take it as a reference only.
1H:
On the 1-hour chart, it is more inclined to consolidate in the range of 60000 to 64000 for the third 1-hour consolidation. After the consolidation, it will then make another upward move towards around 65000 or above. During the oscillation period of Bitcoin, pay attention to the potential continued rise of altcoins.
15M:
On the 15-minute chart, it is very likely to continue the oscillation and form a 1-hour consolidation, and then continue to rise towards 65000.
ETH
Ethereum is in a similar state, after consolidating a 1-hour consolidation, it will start to rise towards above 3550. In the short term, it can be viewed as oscillating in the range of 3250 to 3500.
Trend Direction
Weekly Chart: Upward direction, currently continuing the rebound from 15476, pay attention to the subsequent daily chart for when it will end.
Daily Chart: Upward direction, very likely to go above 75000.
4-hour Chart: Upward direction, the rebound on the 4-hour chart has not ended, and there is expected to be a higher point.
1-hour Chart: Consolidating, may first consolidate a 1-hour consolidation, and then break through to a new high.
15-minute Chart: Consolidating, see if it forms a 1-hour consolidation after oscillating 9 times.
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The article is time-sensitive, pay attention to the risks, the above is only personal advice, for reference only!
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