Daily Share

Bitcoin and Ethereum are still experiencing a 1h pullback, but the overall 4h rise has not ended, so after the current pullback, they will continue to rise above 74,000, and Ethereum's target is still above 2,800. You can continue to enter the market to buy spot or go long during the current pullback, waiting for another rise at the beginning of next month.

 

BTC

Due to the rapid changes in the short-term market, the article can only predict the market changes at the moment of publication. Short-term players should pay attention to the latest changes in the market and use it as a reference only.

1H：

At the 1h level, the current 1h level correction is expected to be not over yet, and it should fall below 71500 and step back to around 71000. After that, the third 1h level rebound will see whether it breaks through 73777. It is expected that in the next two days, it may consolidate a 1h level center in the range of 71000~73500, and then move upward and leave the segment with a higher probability.

15M：

15-minute level, Bitcoin is consolidating a 15-minute central area here, and it is expected to drop further later, looking to see if it will retrace to around 71000 or 70500. Currently, it is expected that around 71000 might be about it, and the short term is still relatively strong. After the correction completes, there will be another 1-hour level rebound to around 74000.

ETH

Ethereum here has completed the first 15-minute downward move in the 1-hour level correction, and there should be a second 15-minute rebound and a third 15-minute downward move. Continue to watch around 2580~2600. After the 1-hour level correction completes, there should be another 1-hour level rebound to push above 2800.

Trend direction

Weekly level: Direction is up, currently forming a new upward weekly wave, overall target looks at 100,000+

Daily level: Direction is up, possibly reaching around 75000

4-hour level: Direction is up, focus on 74000~75000

1-hour level: Direction is down, currently undergoing a 1-hour level correction, focus on 71000 or 70500 below

15-minute level: Direction is down, consolidating a center, and then it should drop further