At present, the rebound of Bitcoin (Baidu) at the 4-hour level has broken through 63,000. The short-term trend shows that the upward momentum is strong and is expected to continue to rise. The rebound at the daily level is also ongoing, so the risk of shorting in the short term is relatively high. It is recommended to focus on long positions after a pullback.

The 1-hour level pullback may still need to wait, and the price is expected to continue to rise, with the target looking at around 64,500, and then there may be a rebound of three buys in a wave. Overall, the 1-hour rebound is expected to reach the range of 64,000 to 65,000, and then there may be a 1-hour level pullback. As long as it does not fall below 58,000, there is still a chance to continue to rush upward. The next pullback is expected to be above 60,500, and then rise again.

At the 4-hour level, after breaking through 63,000, the rebound is expected to extend above 66,500. In the short term, it would be more appropriate to go long after the pullback.

At the 15-minute level, the current trend also shows an increase, but there may be a 15-minute level correction in the short term. Pay attention to the support near 61,500, and then there will be a chance to rebound and try to break through 64,000.

Overall trend:

Weekly level: The direction is downward, and it may bottom out near 49,000. The extreme range is 45,000 to 48,000. It is necessary to continue to observe whether it ends.

Daily level: The direction is upward, and the short-term target is 67,000 to 70,000.

4-hour level: The direction is upward, and the rebound is expected to extend to 66,500.

1-hour level: The direction is upward, and a 1-hour correction is expected tomorrow, but there is still room for growth.

15-minute level: The direction is upward, and a rebound is expected after the correction.

The short-term market changes rapidly. The above analysis is only for reference. Investors need to pay attention to the latest developments.

Public account: Pumpkin Strategy (Early review strategy analysis of Bitcoin BTC and Ethereum ETH from Monday to Saturday, long-term recommendation of high-quality coins and live analysis, and sharing from time to time)

#