Daily Share
Bitcoin did not rise above 62,500 last night, and it continued to fluctuate today. It has now formed a 15-minute central axis. It is not certain whether it will rise again to around 63,000, but there is still a chance of another upward surge. After this 1h-level rebound ends, there will be another 1h-level decline that needs to be resolved.
Therefore, the overall 4h level decline has not ended yet, we still need to be patient and wait. It is normal for the market to be slower on weekends.
The registration for the training course is about to end, and the deadline is around 12 o'clock tonight. Thank you for your support. The course will start on the 9th, and the course has been conducted in the form of live broadcast + recorded playback. It mainly talks about some experience sharing in trading, and the summary of some ideas and methods. Only when you truly understand and grow up, you will not be left behind by the market. Relying on the so-called leading orders and other people's strategies is not a real transaction after all, it can only be regarded as the icing on the cake of trading. The premise is that you must understand some basic things yourself.
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 present, the second 1h-level rebound may extend upward to 63,000, and then start a 1h-level decline. The next 1h-level decline should go to around 59,000 or below.
15M：
At the 15-minute level, it is very likely that the price will extend upward through consolidation of a 15-minute level center. Pay attention to the 62500~63000 range. As long as it falls below 61700, we can confirm that the 1h level callback has come out, so if it falls below 61700, we can consider shorting.
ETH
The structure of Ethereum is similar. It is currently consolidating at a 15-minute level. It depends on whether it will rush to 2441 and reach around 2470. If it falls below 2390 again, we can confirm that Ethereum is undergoing a 1h level decline. In the next 1h level decline, Ethereum may reach the 2250~2300 range.
Trend Direction
Weekly level: Downward direction, theoretically around 49,000 is almost there, whether it is over or not still needs to be observed, but the probability of a weekly rebound is increasing
Daily level: The direction is upward, and the range of 67000~70000 should be continued in the short term
4-hour level: The direction is downward. In the short term, we will see a 4h level correction. The initial target of 61,000 has been broken. The second target is 58,000.
1-hour level: The direction is downward. In the short term, it will go up at most and then start the 1h level correction.
15-minute level: The direction is upward. In the short term, we will focus on whether it will hit the 62500~63000 range again.
