Daily Share
In the recent three to four days of market activity, Bitcoin has shown an unusually strong performance, basically rebounding continuously upwards without a 1-hour pullback, which indicates that a short-term pullback to a lower position is unlikely. Moreover, in the past few days, this kind of market is very difficult to predict accurately in the short term, so short-term trading is quite challenging. Because the structural trend is relatively chaotic, there is no need to overly focus on the short-term trend; it's better to hold good spot positions and wait for the next wave of increase. As for contracts, if there are opportunities for short-term operations, then take them; if not, just observe for now.
Just wait for the next wave to take off, don't ask how far it can drop!
BTC
Due to the rapid changes in the market, this article can only make predictions based on the market conditions 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:
1-hour level, clearly showing a very strong oscillating market; in the short term, it depends on how it progresses, whether it will oscillate three more times or directly soar to new highs. It is estimated that it should oscillate three more times here; we can take another look. By the second half of next week or next weekend, it should be able to continue soaring towards 110000.
In the short term, it is uncertain whether a 1-hour pullback will occur here tomorrow; if it does, the focus should still be on 98000. If there is no significant downturn, we will continue to see if it can push towards 104000.
15M:
15-minute level, still running the extension of the 1-hour upward movement; it is uncertain whether it will directly break through 104000. If it drops below 101800 in the short term, it may lead to a 1-hour pullback, retracing to around 99000 or 98000. If the short term pullback does not break below 101800, be cautious as it may continue to rise.
ETH
Ethereum's 1-hour pullback structure has already formed; the current expectation is that there is a chance for a 1-hour upward movement. If it breaks through 3940 in the short term, we can see a 1-hour rise towards the 4050~4100 range. If it does not break through 3940, it may drop again, continuing a 1-hour downward trend, as indicated by the green arrow in the above image.
Regarding the current short-term market, we cannot determine how the market will move. However, in mid to late December, Ethereum will continue to break through 4100, with the next target aiming for 4800. If the short-term market is uncertain, then we can only consider taking positions based on the larger direction.
Trend Direction
Weekly level: direction upwards, currently undergoing a new weekly upward movement, with an overall target above 150000.
Daily level: direction upwards, with expectations of reaching around 150000.
4-hour level: direction upwards, the structure of the 4-hour pullback has not been established, and it is estimated to be difficult to form; it continues to extend upwards.
1-hour level: direction down or up, the 1-hour pullback has not occurred, only if it breaks below 101800 again do we consider a potential 1-hour pullback; if it holds above this level, it will continue to rise.
15-minute level: direction upwards