Daily Share
The 1h level rebound expectation of Bitcoin is almost over. In the short term, we need to see a 1h level correction. If it goes out smoothly, pay attention to the support near 72000. If it falls below 72000, it is possible to have a 4h level correction. Before it falls below, there should be another upward surge.
Ethereum has started to catch up. Since October, we have been emphasizing that Ethereum's daily level rise will at least break 2830, and it has successfully come out. In the short term, it is expected that the rebound has not ended. After the correction, it should be able to rush up. If it breaks through 2950, the key pressure above is around 3050.
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, it is uncertain whether there will be another wave of 76400 in the short term. After hitting a high point, there will be a 1h level correction. We need to observe the situation in the early morning. If it falls below 73500 again, it is confirmed that there is a high probability of a 1h level correction. The lower side can focus on 72000. As long as the 1h level decline can be supported near 72000, there will be a 1h level rebound to 77000 or above.
15M:
At the 15-minute level, if it can hold around 74,000, then there should be another 15-minute rebound to above 76,400 in the evening. You can observe it again. If the current callback falls below 73,500, we should directly see a 1h callback.
Note that the Federal Reserve will have an interest rate meeting in the early morning and observe the short-term market fluctuations.
ETH
Normally, Ethereum should have another 15-minute rebound to hit 2900~2950. Then there will be a 1h pullback, and the next 1h pullback will focus on 2700 or 2650. In theory, the 4h rebound of Bitcoin will have to have at least a 1h pullback and a 1h rebound to end.
Trend Direction
Weekly level: The direction is upward, and a new weekly level rise is currently underway, with the overall target of 100,000+
Daily level: The direction is upward, the daily level rises, the overall focus is still on 77,000, and then look at 80,000 if it breaks through
4-hour level: The direction is upward. In the short term, pay attention to the resistance of 76,000~77,000. If it effectively falls below 72,000, look for a 4-hour callback.
1-hour level: The direction is upward. It is uncertain whether the rebound at the 1h level has ended. There is still a possibility of another high point in the short term.
15-minute level: The direction is upward. If it does not fall below 74,000, there will be another 15-minute level rise to make a breakthrough.