Daily sharing

BTC reached a new high point again early this morning, peaking above 94000, indicating that the short-term trend is still strong. Personally, I expect it to oscillate upwards for about five to six days. During this period, it should continue to oscillate a few 1h level structures and test the range of 95000~100000, before giving a 4h level pullback.

ETH has been very weak in recent days, while BTC continues to reach new highs, ETH is still in a horizontal oscillation. But we can think conversely, during the overall upward trend, strength and weakness can always convert at any time. When weakness reaches its extreme, a wave of strength must appear, so I am optimistic that ETH has a chance for a wave of upward adjustment before the end of the month, continuing to look at 3700 above.

BTC

Due to rapid changes in the market in the short term, the article can only make predictions on the market changes at the moment of publication, short-term players should pay attention to the latest market changes, merely as a reference.

1H:

1h level, leaning towards further oscillation upwards here, unless it drops below 88000 again, then consider a 4h pullback. Currently expect a short-term 1h level pullback, focusing on around 90000 or near 89500. Afterwards, continue to extend upwards. Focus on the range of 95000~100000 above.

15M:

15-minute level, short-term leaning towards a 1h level pullback, focusing on around 89500~90000 below, currently if the 15-minute level pullback drops below 91500 again, it is considered that BTC is undergoing a 1h level pullback.

ETH

The 1h level structure that can be delineated for ETH in the short term is roughly like this, it still belongs to the process of central oscillation, if it can retest around 3000 or 2950~3000 it would be perfect, but it may not give this retest. Here, it is still expected that after roughly consolidating, there is a high possibility of a wave of upward adjustment reaching around 3700. The first target above is 3450, the second target is 3700.

Trend direction

Weekly level: Direction upwards, currently undergoing a new weekly level rise, overall target looking at 100000+.

Daily level: Direction upwards, for the daily level rise, first see if it can break through 100000.

4-hour level: Direction upwards, focus on the range of 95000~100000 above.

1-hour level: Consolidation, although a new high point has been reached, it still leans towards 1h central oscillation.

15-minute level: Direction downwards, expecting a 15-minute level pullback.