Daily share

Today's article update will be a bit earlier because I have to go out in the afternoon, and I'm afraid I won't have time to update in the evening.

In yesterday's article, we mentioned that if Bitcoin breaks 97300 last night, it should undergo a 1h level rebound, then make another trip to the 98000~99000 range. It has already emerged, with a morning high of 98130, but the 1h level rebound structure here is not yet complete, and the earliest we might wait until after 10 PM tonight.

This morning, mainstream coins surged again, accelerating upward, for example, Ripple has reached a new high and is getting close to historical highs, while Litecoin has broken through 120. Additionally, Bitcoin is facing another drop near 90000, so from midnight to tomorrow, if Bitcoin does not rise above 99250, we need to pay attention to risks, as there is a risk of a downward spike.

However, the overall upward trend will still not stop here. If a drop occurs, it is very likely to quickly reverse back up, mainly focusing on cleaning out leverage.

BTC

Due to the rapid changes in the short-term market, the article can only provide 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 it should only serve as a reference.

1H:

At the 1h level, Bitcoin is currently undergoing the fourth 1h level rebound indicated by the yellow arrow in the above image. This rebound mainly focuses on whether it can break 99250. If it breaks above, it indicates that the 4h pullback has not started, and in the short term, it will continue to surge towards around 105,000, then begin the 4h level pullback. However, the probability of this is relatively low at the moment.

The more likely scenario here is that it temporarily cannot break through 99250, then re-tests around 90000, completing a 4h level pullback. This probability is a bit higher. Pay attention to the changes in short-term market conditions. If it successfully gives a pullback, it should be a layout opportunity before the next wave of increase.

15M:

At the 15-minute level, currently undergoing the second 15-minute level pullback. This pullback should first focus on around 96000. As long as it does not break below 95700, there should be a third 15-minute level rebound, focusing on around 98500. If it breaks below 95700, it should continue to look downward.

ETH

At the 15-minute level, Ethereum is experiencing continuous fluctuations here, but it is expected that it will not oscillate for too long. In the short term, it is facing a 1h or 4h level pullback. Currently, key attention should be on around 3650. If it breaks below this position again, it is considered that Ethereum will undergo a 1h level pullback. If it does not break below 3650, it can still rise for a 15-minute level rebound to above 3700.

If the 1h pullback comes out, pay attention to around 3550. Only if it breaks below 3530 will we consider Ethereum undergoing a 4h pullback.

Trend direction

Weekly level: Direction is upward, currently undergoing a new weekly level increase, with an overall target above 150,000.

Daily level: Direction is upward. The daily level increase is expected to reach around 120,000.

4-hour level: Direction is downward. If it does not break 99250, it should still be a 4h level pullback.

1-hour level: Direction is downward. Here, it still tends to undergo a 1h pullback to 91000 without breaking above 99250.

15-minute level: Direction is upward. If it stays above 96000 in the short term, it should be able to make another trip to around 98500.