Daily Share

In the market analysis of the past one or two days, we believe that Bitcoin's 1h rebound should be able to go to the 98,000-99,000 range, and Ethereum should be able to go above 3,700. At present, both have reached the expected target range. Bitcoin rebounded to 98,615, and Ethereum rebounded to 3,726. The overall trend is as expected.

At present, it is still inclined that Bitcoin will continue to run a 4h level correction, and there is a certain probability that it will fluctuate downward to around 90000. It is not yet certain whether Ethereum will have a 4h level correction or a 1h level correction. It will take another two days to observe.

If this wave can give a smooth pullback, it will undoubtedly be a very good entry opportunity in the short term.

 

BTC

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, as long as it does not break through 99200, it will still be a 4h level correction, so the current market should still be in a volatile adjustment situation. Currently, it is expected to take the third 1h level correction, and this correction will focus on around 93000. There should be four more 1h level rebounds and the fifth 1h level decline. After the overall consolidation of a 1h level center, it will extend downward to complete a 4h level correction.

Or, a triangle convergence pattern can be formed to complete the 4h level adjustment. So there is no need to be afraid of the callback here, the callback is an opportunity. Long-term positions should continue to be held firmly.

 

15M：

At the 15-minute level, it should still be the first 15-minute level down, and pay attention to whether it can break below 95,000, and then there should be a second 15-minute level rebound and a third 15-minute level decline. Only by breaking through 97,900 again can the 1h level callback be negated.

 

ETH

Ethereum's monthly line will be closed tomorrow morning. Ethereum's monthly line is a big positive line with a very small upper shadow line. The monthly MACD is about to lock the golden cross. The monthly MACD changes from a dead cross to a golden cross. The weekly MACD is also about to cross the 0 axis, indicating that Ethereum is about to rise sharply. In addition, there is another news today, that is, the net inflow of the US Ethereum spot ETF in a single day exceeds the Bitcoin spot ETF, which is the first time in history. This also shows that the main funds are likely to switch from Bitcoin to Ethereum temporarily. I have mentioned this in the community on Monday.

Next, Bitcoin's daily line will rise, with the first target around 4100 and the second target around 5500.

At the 1h level, Ethereum is expected to have a 1h level pullback. The pullback will first focus on whether it falls below 3440. If it does not fall below, then there may be another 1h level rebound to above 3700 in the short term. If it falls below 3440, then Ethereum will also see a 4h level pullback in the short term, and the pullback will focus on the 3100~3300 range.

 

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 around 120,000

4-hour level: The direction is downward. If it does not break through 99200, it should still be a 4h level callback.

1-hour level: The direction is downward. Currently, it should be a 1-hour level correction. Pay attention to around 93,000 below.

15-minute level: The direction is downward. This is the first 15-minute level downward move. There should be another 15-minute level rebound and another 15-minute level downward move in the future.