Daily Share

Today is Mid-Autumn Festival, so updates are slow. I wish you all a happy Mid-Autumn Festival!

The short-term 15-minute rebound of Bitcoin has broken through 57179. Structurally, there is already a basis for a 1h rebound. The resistance of the short-term rebound is at 60500. If it fails to break through, the 4h rebound will be confirmed, and there will be a third 1h decline later.

Overall, the probability of a 4h level correction is increasing, and the focus is on observing whether there is a second sell at the 1h level rebound.

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, it has broken through 59179, and a 1h level rebound is expected. If the rebound here cannot break through 60400, then we will see the third 1h level decline. Overall, there is hope to reach around 54000. If the 1h level rebound can break through 60400, then there is hope that the big cake will continue to extend the 4h level rebound to around 61000.

15M：

At the 15-minute level, there should be a 1h level rebound. The first 15-minute level rebound should be almost over. In the short term, there will be a second 15-minute level pullback. The support for the pullback is around 58250. After that, there is expected to be a third 15-minute level rebound around 60000.

ETH

Ethereum may also be experiencing a second 1h-level rebound, with a focus on the rebound around 2370. If it fails to break through 2415, there is a high probability that there will be a third 1h-level decline to around 2150 or below. It is expected that the 1h-level rebound will normally not occur until tomorrow morning.

 

Trend Direction

Weekly level: Downward direction, extension of weekly decline, theoretically around 49,000, the limit is 45,000~48,000, whether it is over or not still needs to be observed

Daily level: The direction is upward, and we will see if it will fall below 49,000.

4-hour level: The direction is downward, and the probability of a 4h level correction is relatively high.

1-hour level: The direction is upward. At present, we see the strength of a 1h level rebound. If it does not break 60400, there is still hope for a second sell. If it breaks through, we will see a 4h rebound extension.

15-minute level: Direction upwards