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The large coin's 1h level correction in the past two days has ultimately dropped to around 90971. Personally, I think around 90000 is about right, but structurally, the short-term adjustment is not over. However, the expectation is that it won't drop too much, so for the next four to five days, it leans towards oscillating up and down. Ethereum is performing quite strongly here, so it is very likely that Ethereum is not experiencing a 4h level correction.

Short-term correction, my personal understanding is still to cool down the market, clearing a wave of high leverage, but the risk is actually not large, just wait for the next wave of increase.

BTC

Due to the rapid changes in the market, the article can only make predictions based on the market changes at the time of publication, short-term players should pay attention to the latest changes in the market, and this is only for reference.

1H:

1h level, the large coin here is basically going through a 1h level rebound, observe the strength of this rebound. The usual target is around 96500, after which it should make another 1h level correction back to around 90,000. However, if this 1h level rebound is strong, for example, if it rebounds to around 98800, then it will likely consolidate a 1h level center and then oscillate down to around 90,000.

Overall, as long as the current 1h level rebound does not break 99588, the 4h level correction is still ongoing; a breakout would suggest that the 4h correction is postponed.

15M:

15-minute level, currently still the first 15-minute level rebound, expected to make a 15-minute level correction in the early morning, focusing first on around 92500. Then there will be a third 15-minute level rise, pay attention to the strength of the third rise, to see if it reaches a bit above 96000 or higher.

ETH

Ethereum is still consolidating a center, currently running a new 1h level rise, the target above looks at 3550~3620. There is a certain probability of going back to around 3700 again. Specific observation needed, there should be a 15-minute level correction in the early morning, focusing on 3400~3420.

Trend direction

Weekly level: Direction up, currently moving through a new weekly level rise, overall target looking above 150,000.

Daily level: Direction up, the daily level is rising, expected to reach around 120,000.

4-hour level: Direction down, as long as it does not break 99500, it should still be a 4-hour level correction.

1-hour level: Direction up, today is going through a 1h level rebound, the expectation is not over yet, the earliest it could be until tomorrow morning.

15-minute level: Direction up, currently the first 15-minute level rise, expecting a second 15-minute level correction in the early morning.

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The article is time-sensitive, pay attention to risks, the views in the article are only personal suggestions, for reference only!