Daily Share

Today's market is still a low-volatility shock, nothing to watch, the market is very weak, this low-volatility shock reaches its extreme, and it will start to produce large fluctuations, so the pressure will come again next week. In the second half of next week, it may break down below 28,000, but before that, there is still a certain chance of rebounding upwards and getting liquidity.

Judging from the current situation, the weekly line will close at 8 am tomorrow, and there is a high probability that the MACD will be closed in a dead cross state. If the dead cross is locked, the weekly top divergence is locked, and the market is biased towards the short side. Some people may ask, will the weekly top divergence definitely not rebound, will there definitely be no new highs? Not necessarily, the indicator is not 100% effective, but the weekly top back has a high probability of rising and it is difficult, even if it goes up, it basically can't go far.

If you want to pull up the price again to break the weekly top, you need to quickly pull it up by more than $6,000 in the short term. A slow pull-up is not enough, you need a quick pull-up. How much energy does it take to rise so much at once?

So, how to look at it? You know!

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 is still fluctuating sideways, quite weak, like a dying patient. When it is extremely weak, either a big positive line or a big negative line will appear, but I hope it will be a big positive line. According to the previous routine, there must be a rebound before the decline. So now it depends on whether this dying patient can have a last gasp.

From the current perspective, there is still hope that it will reach around 30,000, and the necessary structure must be in place. It has been sideways for so many days, and if there is no rebound to stimulate the bulls, I think this dealer has a problem with his brain.

15M：

Don’t look at the 15-minute level, it’s disgusting. It is not effective to fall below 28,800 at present, but there is still a chance to rebound. The upper pressure is 29,500 and 30,000.

ETH

Ethereum, affected by Bitcoin, has a bit of a sham trend. For the 15-minute level structure, let's see if it can rebound to around 1850 in the third 15-minute level tonight. For the overall direction, just refer to Bitcoin.

At present, many coins, such as xrp, bch, sol, etc., have been fluctuating and falling for more than 20 days. There is a structural demand for a rebound. It depends on whether Bitcoin can give face and lead its younger brothers to rebound. These coins still depend on Bitcoin. Only a few coins, such as the new Internet celebrity YGG, completely follow their own market. By the way, many people shorted Ygg and went bankrupt. You should take it easy. Although the shorting of the explosive copycat is cost-effective, it is not a mindless top. You have to look at the right side of the entry signal.

 

Trend Direction

Weekly level: Downward direction, oscillating at the top of the weekly level, and then starting to fall after the oscillation is almost over.

Daily level: The direction is downward, and there is a high probability that 31800 is the top

4-hour level: The direction is unclear. Let's wait and see whether there will be a rebound at the 4h level next Monday and Tuesday.

1-hour level: Consolidation, theoretically it will at least go to around 29800~30000

15-minute level: Consolidation, see if it can effectively fall below 28,800, see if it can break through 29,500