Daily share

In the articles from yesterday and the day before, we mentioned that as long as the big coin does not rebound past 69000, there will be a pullback to around 65000. The market has already undergone the expected third 1-hour level decline, which is not yet complete, and there remains a 15-minute level decline. The current key focus is the support at 65000. If it can effectively hold, then in the short term, we will continue to expect a 4-hour level rebound to break through 70000.

BTC

Due to the fast-changing market, the article can only make predictions based on the market conditions at the moment of publication. Short-term players should pay attention to the latest market changes, and this should only be taken as a reference.

1H:

At the 1-hour level, we are currently in the third wave of a 1-hour level decline within a 4-hour level pullback. This decline has reached around 65500, and the current 1-hour level decline is not yet over. It is expected that there will be a 15-minute level pullback near the low. The main focus below is around 65000, allowing for a brief dip below 65000 before quickly recovering. However, if the 1-hour candlestick breaks below without quickly recovering, at least structurally, the market will become more complicated, and we need to continue observing the strength of the decline for further judgment.

However, if it can effectively hold above 65000, the big coin should quickly rebound again and start a new 4-hour level rebound to break through 70000, even surpassing 73777, as indicated by the green arrow in the above image.

15M:

At the 15-minute level, a second 15-minute level rebound occurred during the day. As long as it does not break through 67800, there is a high probability of a third 15-minute level decline. The focus below continues to be in the range of 65350~65000.

ETH

At the 1-hour level for ETH, we are currently undergoing the third 1-hour level pullback. This 1-hour level decline is not yet over, with continued focus on the range of 2365~2350 below. If the short-term 15-minute level rebound does not break through 2400, there should still be a third 15-minute level decline to occur. If the overall 4-hour level decline completes, there is still hope for the next 4-hour level rebound to push towards 2830.

Trend direction

At the weekly level: Direction is upward, and the probability of a new weekly rebound is gradually increasing. 70000 remains a key observation point.

Daily level: Direction is upward, staying above 65000, the daily rebound has not ended, with a possibility of reaching around 75000.

At the 4-hour level: Direction is downward, expecting a 4-hour level pullback, with 65000 becoming an important support.

At the 1-hour level: Direction is downward, currently undergoing a 1-hour level pullback. Focus on support near 65000, and if it holds, a rebound is expected.

At the 15-minute level: Direction is downward, expecting another 15-minute level decline.