Daily share
In just a week, Bitcoin has quietly risen by 10000 USD, moving from around 90000 to near 100000. The 4-hour level rise that started from around 65500 has been extending. This 4-hour rise is expected to need one more 1-hour correction and one 1-hour level rise to be nearly finished. However, it will still take some time to complete the 4-hour level, and it is expected to take a few more days.
The continuous rise of Bitcoin, for those who do not have low-position long positions or have not bought much spot, I completely understand everyone's feelings, always hoping for a sharp drop. However, a larger correction opportunity has not yet come, so we must be patient. It might be good to continue looking for coins that are catching up.
The rise of Ethereum and Ethereum-based assets has already come. Currently, there is still a 10% margin to the expected 3700. Continue to pay attention to whether the expected target can be reached in the next few days.
BTC medium to long term
Weekly:
Weekly level, this is the third weekly level rise that began from 15476, the first weekly rise was from 15476 to 73777, the second weekly level correction was from 73777 to 49000, and now it is the third weekly level rise from 49000 to 100000+.
Based on the current rising speed and weekly ascending progress, 120000 should be within reach, so the overall weekly upward target is likely to reach around 150000~200000, or even higher. Of course, how much it can rise from here is truly unknown. The sky is high and birds fly freely; ultimately, where the market goes is where it goes.
We will never know where the top of the bull market is, we can only watch as we go.
Daily:
Daily level, as it currently appears, the daily level rise that started from 49000 is still not over. This daily upward expectation should reach around 120000, and then there should be a daily level correction. The next daily correction will belong to the third buy of the daily central area, and there will still be a third daily level rise that needs to run. So the overall bull market ending cycle should still be early. We are still in the second half of the bull market.
In the first half of the bull market, we did not wait for the altcoin season. Those who held altcoins have suffered greatly, but I believe the second half of the bull market will not disappoint everyone. Because that is an opportunity where even fools can easily make money.
So in the next six months, I hope everyone can be a bit bolder in their bullish outlook, don't panic at the slightest correction, and don't fear every dip. Making money requires courage to accept temporary unrealized losses. From my years of experience with bull and bear markets, the older investors find it harder to make money in bull markets because they are too cautious, always overly careful, which makes it easy to miss out on coins that could lead to great wealth.
The bull market is actually an easy time for some new investors to make money. New investors are not afraid of tigers; they often bet everything and can reap astonishing profits.
Of course, while new investors can easily make money in a bull market, they rarely manage to carry that money into the next cycle, because the money that ultimately lands in their pockets is the real money; unrealized profits are not the final profit. So the advice for everyone is that in the next period, old investors should be bolder, not just focusing on the coins they are interested in, but also looking for new opportunities. New investors should pay attention to wealth preservation strategies as the bull market nears its end.
4H:
4-hour level, the current structure is clear. Personally, I believe there are no overly ambiguous trends. The current 4-hour level rise started from around 65550 and has reached near 100000, but it is still not over. The short term may still need to go through a 1-hour correction before making a 1-hour level rise. Focus on the range of 100000~120000 above. There should still be at least one 4-hour level correction and one 4-hour level rise to end this daily rise.
Based on the current height, the next 4-hour level correction may be around 89000, or in the 85000~89000 range. Many people's expectations of 80000 and below 80000, I estimate will not be available for a while. The lower 80000~78000 range has a CME gap, but it is estimated that it will have to wait for the next daily correction to be filled.
The current 4-hour level rise should still be able to go higher, the structure shows there are still extension opportunities.
BTC short term
Due to the fast changes in the short term, 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 is only for reference.
1H:
1-hour level, the current structure here is also quite clear. Bitcoin has consolidated a 1-hour central area in the range of 88700~92000 in the past week, and it is still in the upward segment of the central area escape. This 1-hour rise is expected to need one more 15-minute rise, which should give a 1-hour MACD top divergence. It is expected that there may be a 1-hour correction in the next couple of days, focusing on around 94000 for the correction. As long as it does not break below 91800, there will still be another 1-hour rise to continue refreshing the high points.
15M:
15-minute level, there is a possibility of consolidating a second 15-minute central area here, and then continue to extend upwards. Currently, as long as it does not break below 96000, it should still continue to make a 15-minute level rise. There is a chance to break through the 100000 mark above.
ETH
Ethereum is still running a rise from the 1-hour central area escape segment, normally this should not be finished. Continue to pay attention to around 3500~3600 above. After that, a 1-hour level correction should follow, giving a third buy in the central area, and then another 1-hour level rise to push towards 3700 or higher. As shown by the white arrows in the above image. The prevention point should be placed around 3220, and as long as this position is not broken, the overall 4-hour level rise should still be a healthy trend.
15-minute level, as long as it does not break below 3250 again, it should belong to a consolidation of a 15-minute central area, and then continue to extend upwards. The next 15-minute level rebound will focus on whether it can break through 3500. If it breaks below 3250 again, be careful as it may lead to a 1-hour level correction.
Trend direction
Weekly level: direction upwards, currently undergoing a new weekly level rise, with an overall target looking above 150000.
Daily level: direction upwards, for the daily level rise, first look at whether it can break through 100000.
4-hour level: direction upwards, focus on the 100000~110000 range above.
1-hour level: direction upwards, the 1-hour level rise may not be over yet, and it should continue to test 100000 above.
15-minute level: direction upwards, staying above 96000 should be able to push again.
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The article is time-sensitive, pay attention to risks, the opinions in the text are only personal suggestions and for reference!
