Daily Share

After Bitcoin surged to 104,000 on December 5, I personally advised to pay attention to reducing positions, with reminders in the community and articles to secure some of the gains. Today's wave of correction has confirmed my judgment, as Bitcoin's 4-hour correction has led altcoins to experience a wave of decline. Today, altcoins generally fell by 20% to 30%, but in fact, this correction is not over yet, and further declines are expected, with a forecast to at least correct around mid-month.

Friends who reduced their positions can actually buy back their original holdings in batches, and it is not necessary to wait for the price to hit a specific level.

BTC

Due to the rapid changes in the market, the 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:

On the 1-hour level, it is expected that there will be another retest around 91,000, after which there should be a 1-hour level rebound, focusing on around 99,000. Following that, there will be a third 1-hour level decline to retest around 90,000. Theoretically, the 4-hour correction needs to break below 90,500.

During this period, altcoins are expected to further correct.

15M:

On the 15-minute level, the main structure is roughly as follows. Currently, if the 15-minute level rebound here cannot break above 99,100, there should normally be another 15-minute level decline to retest around 91,000, completing this 1-hour level decline. Then, a 1-hour level rebound is expected in the next day or two.

ETH

For Ethereum, the 15-minute level structure should still be clear. From yesterday to today, it has been running a 15-minute level decline away from the central range. This decline is not divergent, so it is expected to have another 15-minute level correction to retest around 3,500, completing this first 1-hour level decline.

On the 1-hour level, Ethereum's decline has retested within the second 1-hour central range, so it is expected that Ethereum will also undergo a 4-hour level correction. Currently, it is the first 1-hour level decline of the 4-hour downtrend, which may not be complete yet. It is expected to retest around 3,500, followed by a second 1-hour level rebound, focusing on around 3,850 or 3,900, and then a third 1-hour level decline to the 3,400 to 3,450 range.

Trend Direction

Weekly Level: Direction is upward, currently undergoing a new weekly level increase, with an overall target above 150,000.

Daily Level: Direction is upward, with the daily level increase expected to reach around 120,000.

4-Hour Level: Direction is downward, currently undergoing a 4-hour correction, focusing on support around 90,000.

1-Hour Level: Direction is downward, currently undergoing a 1-hour level decline, which is expected to retest around 91,000.

15-Minute Level: Direction is downward; if it does not break above 99,100, there will be another 15-minute level decline.

Feel free to follow my public account for discussions and exchanges:

The article is time-sensitive; please pay attention to risks. The views expressed 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。