Daily Share

Just yesterday, after Bitcoin retraced to 68830, we mentioned that there would be a short-term 15-minute level rebound. Last night, the 15-minute level rebound surged to around 71632, and then Bitcoin's 15-minute level correction fell back to around 68800. This indicates that the short-term 1-hour level is relatively complete. As expected, if it does not drop below 68500, there is still a chance to push for another historical high.

Currently, we expect a 1-hour level rebound, observing the strength of the rebound. If the strength is weak, it may consolidate around a 1-hour level center before choosing a direction.

BTC

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

1H:

At the 1-hour level, it is inclined to see a 1-hour level rebound here, first looking to see if it reaches around 71500. After that, it may consolidate around a 1-hour level center before choosing a direction, whether to push for 74000 again or to drop below 68500 once more.

15M:

At the 15-minute level, we still need to observe here; it may directly break through 70000 and execute a 1-hour level rebound, as indicated by the yellow arrow in the image above. Alternatively, it may retrace to the 68800~69000 range and then execute a 1-hour level rebound, as indicated by the green arrow in the image above.

ETH

For Ethereum, at the 15-minute level, it may still retrace down to around 2460. We expect that tomorrow there should be a 1-hour level rebound, looking to see if it reaches above 2600. It is anticipated that the short-term may also consolidate around a center, still having a probability to push for 2800 again.

Trend Direction

Weekly Level: Direction is upward, currently in a new weekly level rise, with an overall target looking at 100,000+

Daily Level: Direction is upward, possibly reaching around 75000

4-Hour Level: Direction is upward, normally it should still go for another trip to 74000; if it drops below 68500, it becomes uncertain.

1-Hour Level: Direction is upward, there should be an opportunity for a 1-hour level rebound tomorrow.

15-Minute Level: Direction is downward, continue to pay attention to 68500 below.

Everyone is welcome to follow my public account for discussion and exchange:

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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