Daily Share
The current market trend of Bitcoin is still short of a 1h decline. Let's see if it can go smoothly tomorrow. The short-term trend is slow. Today, it is still running a 15-minute correction. Under normal circumstances, it should need another 15-minute rebound to hit around 98,000, and then another 1h decline. It depends on whether it can go up again.
Unconsciously, Bitcoin's correction starting from around 108,000 has lasted for about 17 days, and the adjustment here should be approaching the end of its structure. Waiting for the structure to be completed, perhaps we can usher in a new wave of increases in mid-to-late January.
BTC mid- to long-term
Weekly:
Bitcoin is currently running its third weekly level rise from 49000. Currently, the naked K of the weekly line has not shown any signs of deterioration and is still in a healthy trend. Don't think that there will be a big crash as soon as you see one or two falling negative lines on the weekly line. It is not that exaggerated. The current trend is healthy.
Judging from the current trend, the third weekly rise is expected to last until the second half of 2025 or even the end of the year, so our bull market trend will continue throughout 2025. At least for the current market, there is no need to worry too much about the market not picking up.
In the current market, a more obvious phenomenon is that many people lack confidence in the future market, dare not buy when the price drops, and only dare to chase it when it rises. So why are you always trapped? It is probably because of this situation.
Daily Line:
At the daily level, the current daily level rise from 49000 should not be over yet. This daily level rise is the first daily level rise in a new weekly level rise. It is expected that by mid-to-late January, the target will be around 120,000.
My current subjective opinion is that Bitcoin may experience a daily correction in the next two or three months from February to April, and the correction may reach around 84,000 or 78,000.
After May, there may be a third daily level rise, with the goal of seeing a position around 150,000 or higher.
The above is subjective and is not a specific investment advice. It is for reference only. At present, it is recommended to proceed step by step. Let's first see whether this daily rise can smoothly extend to around 120,000. Then consider the next market trend.
4H:
At the 4h level, the current 4h level correction starting from 108353 should not be over yet. Normally, there is still a spike, and the target is around 90000. If the spike reaches 90000 and stabilizes above this position, then we can think that the 4h level correction is almost over. According to the time cycle, we are looking at a new 4h level rise in the middle and late January, and the target is 116,000 to 120,000.
BTC short term
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 should still be in the range of the fourth 1h level rebound. Let's see if it can go up again. Keep an eye on 98,000. As long as the price does not break through 100,000, it should normally need another 1h level decline. Pay attention to 90,000 or 89,000 below. After the pin is inserted, it should start a new 4h level rise. Breaking through 108,300 again is the first step, and reaching around 120,000 is the second step, as shown by the red arrow in the figure above.
15M:
At the 15-minute level, the structural trend is relatively slow. There is no way. The current market activity is not enough, so the structural operation is relatively slow. At present, it should be possible to make a fifth 15-minute rebound to end this 1h rebound. The fifth 15-minute rebound focuses on 98,000~98,500. It is expected that after this 1h rebound is completed, the next 1h callback has a probability of stepping back to around 90,000.
ETH
In the case of Ethereum, it is still in the range of 1h central axis oscillation. In the short term, we should focus on the 3500~3560 range. If it does not break through 3570, we still believe that Ethereum needs to go through another decline of the central axis departure segment and step back to around 3100 or 3000 to end this 4h level correction. Therefore, it may take a little longer for the 4h bottom to be reached.
For the next 4h level rebound, there is a certain hope that it will reach around 4800.
Trend Direction
Weekly level: The direction is upward, and a new weekly level rise is currently underway, with the overall target above 150,000
Daily level: The direction is upward, the daily level rise is expected to reach 120,000, and then 150,000 after breaking through
4-hour level: The direction is downward, the 4h level callback may not be completed yet, continue to pay attention to around 90,000
1-hour level: The direction is downward. The short-term 1h level rebound has come out. If it does not break through 100,000, there will be another 1h callback
15-minute level: The direction is downward. After a short-term rebound at the 15-minute level, it should normally start to pull back.