Daily share
Bitcoin has been rising continuously in recent days. Although the daily increase is not large and the pace is slow, it keeps setting new highs. Currently, the high point is less than 2% away from the 100,000 mark. The overall trend still matches personal expectations. Many people have been bearish on the market these days, and a larger pullback will definitely occur later, but the short-term expectation should still lean towards a high-level oscillation pattern. Therefore, it is also not recommended for everyone to short, as many people's short positions are trapped and facing liquidation, indicating that they did not choose the right time to short.
Ethereum has now started to surge, expecting Ethereum to catch up to around 3700 or higher. As we mentioned yesterday, strengths can switch at any time; what you think is weak may not remain weak.
BTC
Due to the fast changes in the market for short-term trading, the article can only make predictions based on the market changes at the moment 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, Bitcoin is still running a rise from the 1-hour central point. This 1-hour level rise should not have ended yet, and there is still a 15-minute level pullback and a 15-minute level rise to complete. After this 1-hour level rise is finished, there will be a 1-hour level pullback, and as long as it does not drop below 91800, there will still be a 1-hour level rise to continue setting new highs.
The upper 100,000 mark is just a large integer level, and strictly speaking, it is not considered a particularly large pressure point. It can only be said that large integer levels are generally a psychological pressure point for everyone. Therefore, after breaking through 100,000, it is indeed uncertain how much further it can go up, but based on the current trend, a phased pullback should not be too far away; it just hasn't dropped directly yet.
15M:
15-minute level, it can be seen that the rise from the 15-minute level central point is not diverging, so the short-term should see a 15-minute level pullback tonight, focusing on around 96000 below, after which there should be another 15-minute level rebound, continuing to look at 100,000 above.
ETH
Ethereum has finally moved out of the expected rise. The 1-hour level has consolidated a central point, and it is currently rising away from that central point. The first target is around 3500, and the second target is around 3700.
15-minute level, currently the first 15-minute level rise, followed by a second 15-minute level pullback and a third 15-minute level rise, hold the low positions well.
Trend direction
Weekly level: direction upwards, currently in a new weekly level rise, overall target looks at 100,000+.
Daily level: direction upwards, looking to see if it will break through 100,000.
4-hour level: direction upwards, focusing on the 100,000~110,000 range.
1-hour level: direction upwards, the 1-hour level rise from the short-term central point has not ended, and it should continue to test 100,000 above.
15-minute level: direction upwards, there should be a 15-minute level pullback, after the pullback continue to look bullish