Daily Share

Currently, the 4-hour level of Bitcoin has completed the first 1-hour downtrend and the second 1-hour rebound. At least we still need a third 1-hour downtrend to conclude, so the overall 4-hour downtrend has not yet ended. However, after the next downtrend occurs, we should continue to be bullish, at least attempt to buy the dip, as the next 4-hour rebound may again reach the 66500~70000 range.

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  BTC

Due to the rapid changes in the market, this article can only make predictions based on the market conditions at the time of publication. Short-term traders should pay attention to the latest market changes, and this should only serve as a reference.

1H:

At the 1-hour level, we are currently in the second 1-hour rebound. This rebound is still lacking a bit in price; it would be better if it could push up to the 62500~63000 range. Once this 1-hour rebound is completed, there should still be a third 1-hour downtrend, at which point we should pay attention to support around 58000~59000.
  15M:

At the 15-minute level, we are currently watching whether the third 15-minute rebound can push up to around 63000. If the subsequent pullback breaks below 61600, we should expect a 1-hour downtrend.
  ETH

At the 1-hour level for Ethereum, we are also in the second 1-hour rebound, with attention on the 2450~2500 range above. After this, there will be a 1-hour downtrend, targeting 2250. After the 4-hour pullback for Ethereum is completed, there should normally be a 4-hour rebound to break above 2820.
  Trend Direction

Weekly Level: The direction is downward, theoretically around 49000 is about right. Whether it has ended still needs observation, but the probability of starting a weekly rebound is increasing.

Daily Level: The direction is upward, and in the short term, we should continue to look at the 67000~70000 range.

4-Hour Level: The direction is downward, looking at a 4-hour pullback, with the initial target of 61000 already broken, and the second target looking at 58000.

1-Hour Level: The direction is downward, and the second 1-hour rebound is expected to end soon. Tomorrow we should see a third 1-hour downtrend.

15-Minute Level: The direction is upward, and in the short term, we should pay attention to whether it can push up to the 62500~63000 range.

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The article is time-sensitive, please pay attention to risks. The views in the article are personal suggestions and for reference only!

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