Daily Share

Bitcoin and Ethereum are still undergoing a 1-hour level correction, but the overall 4-hour level uptrend has not ended. Therefore, after this correction, it will continue to push upwards towards above 74000, with Ethereum's target still looking at above 2800. The current correction can be an opportunity to buy spot or go long, waiting for another rise at the beginning of next month.

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, and this should only be used as a reference.

1H:

At the 1-hour level, the current 1-hour level correction expectation may not be over yet, and it should still drop further to break below 71500, retesting around 71000. After that, we will see if the third 1-hour level rebound can break through 73777. It is expected that in the next two days, it may consolidate in the range of 71000~73500 at the 1-hour level, and then the probability of moving upwards is higher.

15M:

At the 15-minute level, Bitcoin is consolidating a 15-minute level center here, and it is expected that there will be another downward move, checking whether it will retest around 71000 or 70500. Currently, it is expected that around 71000 might be sufficient, and the short-term trend is still strong. After the correction is completed, there will be a 1-hour level rebound towards around 74000.

ETH

For Ethereum, the 1-hour level correction has already completed the first 15-minute level drop, and there should be a second 15-minute level rebound and a third 15-minute level drop afterwards, continuing to pay attention to the area around 2580~2600. After the 1-hour level correction is completed, there should be a 1-hour level rebound towards above 2800.

Trend Direction

Weekly Level: Direction is upwards, currently undergoing a new weekly level uptrend, with an overall target looking at above 100,000.

Daily Level: Direction is upwards, possibly reaching around 75000.

4-Hour Level: Direction is upwards, focusing on 74000~75000.

1-Hour Level: Direction is downwards, currently undergoing a 1-hour level correction, focusing on 71000 or 70500 below.

15-Minute Level: Direction is downwards, consolidating a center, and then there should be another downward move.

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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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