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The 15-minute level pullback of Bitcoin did not break out last night, and this morning it touched 66500 again, meeting the minimum space expectations for this round of 4-hour level rebound and daily level rebound. Next, we mainly look at the range of 66500~70000, to see how far it can go, whether it will break through the upper limit of the range at 70000, or if it will turn down again without breaking through.

No more guessing, the current 4-hour level rebound structure has not yet completed, so overall it can still move up a bit more. The current expectation is that in the short term, it may push up one more wave, and after a 15-minute level rebound, it should start a 1-hour level pullback. After the pullback, there will be another 1-hour level rise, at which point we need to pay attention to the strength of the upward movement.

BTC

In the short term, due to the rapid changes in the market, this article can only make predictions based on the market changes at the moment of publication. Short-term players should pay attention to the latest market changes, which are merely for reference.

1H:

At the 1-hour level, the current rebound may push up one more wave in the range of 66500~67000, after which a 1-hour level pullback is expected. The next 1-hour level pullback can be observed to see if it retraces to around 64000, as indicated by the yellow arrow in the image above. After that, there will be a third 1-hour level rise, looking at 67000~68000. If it can break through 68000, the probability of reaching around or above 70000 will be quite high.

15M:

In the short term, as long as it can stabilize around 65000, it is expected to make another 15-minute level rebound to push towards 67000. It is anticipated that there may be a 1-hour level pullback tomorrow.

ETH

Ethereum is also expected to make another 15-minute level rebound to push towards around 2700, depending on whether it can break out in the short term. It is anticipated that there may be a 1-hour level pullback tomorrow, with the pullback focusing on around 2550~2500, after which there should be a third 1-hour level rebound to above 2800.

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 need to continue to look at the range of 67000~70000.

4-Hour Level: The direction is upward, currently undergoing a 4-hour level rebound, targeting the range of 66500~70000. Whether it can break through 70000 needs further observation.

1-Hour Level: The direction is downward, and there may be one more push in the short term, followed by a 1-hour level pullback.

15-Minute Level: The direction is upward, looking to see if it can push one more wave to 67000.

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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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