Daily Share

In the recent two days of market activity, Bitcoin has shown very strong performance, currently reaching a high of 69,000, just 1,000 dollars away from 70,000. According to the current market rhythm, it is very likely to break through 70,000 next week.

What is my perspective during this process?

Firstly, I personally do not overly bearish on the market. I think being overly bearish is quite dangerous, especially since many people have been scared by the repeated rises to around 70,000 followed by sharp declines. Therefore, this time they continue to be bearish, believing that there will be further declines. I believe that if one maintains such a mindset, it is easy to miss out on market opportunities, and being fixated on being bearish can lead to continuous short selling. Once a one-sided rise occurs, short selling becomes very risky.

So, before breaking 70,000, I personally hold a cautiously bullish attitude. I feel it is unsafe to chase long positions around 68,000 and 69,000; it is more about rationally observing the situation. If the market indeed breaks through 70,000, then I might become bolder in taking long positions and let go of previous concerns.

For the short term, I lean towards a 1-hour level pullback, with targets focusing on the 66,000 or 65,000-66,000 range.

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 players should pay attention to the latest market changes, which should only be used as a reference.

1H:

At the 1-hour level, it is currently expected to start a 1-hour level pullback, which should be observed until tomorrow evening. If it maintains above 65,000, it should continue to push towards 70,000 and is very likely to break through. If it breaks below 65,000, then it becomes uncertain.

15M:

At the 15-minute level, we are looking to see if it will consolidate into a 15-minute level central area before declining. The overall expectation is that the pullback should last at least until tomorrow noon or evening.

ETH

Ethereum is performing relatively weakly. When Bitcoin surged to 69,000, Ethereum did not break through 2,688. In the short term, we are watching whether the 1-hour level pullback will touch around 2,550. If it maintains above 2,510, it should continue to push towards 2,800, so patience is required.

Trend Direction

Weekly Level: The direction is downward, theoretically around 49,000 is about right. Whether it has ended still needs observation, and we are entering the final observation phase. It is likely to become clear before the end of the month.

Daily Level: The direction is upward, continuing to look at the 67,000-70,000 range in the short term. If it breaks 70,000, the next target will focus on around 80,000.

4-Hour Level: The direction is upward, currently undergoing a 4-hour level rebound, with targets in the 66,500-70,000 range. As for whether it can break 70,000, results should emerge next week.

1-Hour Level: The direction is downward, and normally it will give a pullback, with attention on 66,500 or around 65,500.

15-Minute Level: The direction is downward.

Feel free to follow my public account for discussion and exchange:

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

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。