Daily Share
In just one week, Bitcoin has quietly risen by $10,000, from around $90,000 to around $100,000. The 4h level rise that started from around $65,500 has been extending. The 4h level rise is expected to be almost the same after a 1h level correction and a 1h level rise. However, it still takes some time to get out of the 4h level, and it is expected to take a few days.
Bitcoin continues to rise. If you don't have long orders at low levels or don't buy much spot, I understand your feelings very well. You always hope that Bitcoin will plummet. But the time for a larger correction has not come yet, so you have to be patient and wait. You might as well continue to look for currencies that can make up for the rise and participate.
The compensatory rally of Ethereum and Ethereum-related products has already arrived. Currently, there is still 10% room to reach the expected 3700. We will continue to pay attention to whether it can achieve the expected target in the next few days.
BTC mid- to long-term
Weekly:
At the weekly level, this is the third weekly level rise since 15476. The first weekly rise was from 15476 to 73777, and the second weekly level pullback was from 73777 to 49000. This is the third weekly level rise from 49000 to 100,000+.
According to the current rising speed and the progress of weekly rise, 120,000 should be unstoppable, so the overall weekly rising target is likely to reach around 150,000-200,000, or even higher. Of course, no one knows how much higher it can go. The sky is high and the birds fly freely, and we will see where the market goes in the end.
We never know where the peak of the bull market will be, we can only wait and see.
Daily Line:
At the daily level, as of now, the current daily level rise from 49,000 is still not over. This daily level rise is expected to reach around 120,000, and then there should be a daily level correction. The next daily level correction belongs to the third buy of the daily center, and then there will be a third daily level rise to run, so the entire bull market cycle should be early to end. We are still in the second half of the bull market.
In the first half of the bull market, we did not wait for the altcoin season, and everyone who held altcoins suffered a lot. I believe that the second half of the bull market will not disappoint everyone, because it is an opportunity where even a fool can easily make money.
So in the next six months, I hope everyone can be more courageous in their bullishness, and not be timid when there is a slight correction, or be paranoid when there is a decline. To make money, you need to be bold and be able to accept short-term floating losses with peace of mind. I use my years of experience in bull and bear markets to tell you that the more experienced you are, the less likely it is to make money in a bull market, because you are too timid and are cautious in everything you do, which makes it easy to miss out on the currency that can make you rich.
In a bull market, it is easier for some new investors to make money. Newborn calves are not afraid of tigers and they go all in all day long, often making astonishing profits.
Of course, although it is easy for new investors to make money in the bull market, they rarely carry the money they earn into the next cycle, because the money that finally falls into your pocket is the real money, and the floating profit on the account is not the final profit. So my advice to everyone is that old investors should be bolder in the future, and don’t just focus on the currencies they are interested in every day, but look for new opportunities. New investors who have made money should pay attention to the way to save money at the end of the bull market.
4H：
At the 4h level, the current structure is clear, and I personally think there is no place where the trend is too vague. The current 4h level rise has started from around 65550 and has reached around 100,000, but it is still not over. In the short term, it may need a 1h pullback and then a 1h level rise. You can pay attention to the 100,000~120,000 range above. There should be at least a 4h level pullback and a 4h level rise in the future to end this daily rise.
According to the current height, the next 4h level pullback may be around 89,000, or in the range of 85,000 to 89,000. Many people expect 80,000 and below 80,000, which is estimated to be impossible to achieve in a short time. There is a CME gap in the range of 80,000 to 78,000 below, but it is estimated that it will have to wait for the next daily pullback to fill it.
The current 4h level rise should be able to go up further, and the structure shows that there is still room for extension.
BTC short term
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, the current structure here is also relatively clear. In the past week, the big cake has consolidated a 1h level center in the range of 88700~92000, and is currently running the rise of the center leaving segment. This 1h level rise is expected to be short of a 15-minute level rise, which should give a 1-hour macd top back. It is expected that there may be a 1h level correction tomorrow and the day after tomorrow, and the correction will focus on 94000. As long as it does not fall below 91800, there will be another 1h level rise to continue to refresh the high point.
15M：
At the 15-minute level, it is possible to consolidate the second 15-minute level center and then continue to extend upward. If it does not fall below 96,000, it should continue to rise at the 15-minute level. There is a chance to break through the 100,000 mark.
ETH
Ethereum is still running a 1h central axis departure segment rise, which should not be completed normally. Keep an eye on 3500~3600. After that, there should be a 1h level callback, a central axis three buy, and then another 1h level rise to 3700 or higher. As shown by the white arrow in the above figure. The precaution point here is around 3220. If it does not fall below this position, the overall 4h level rise should still be a healthy trend.
At the 15-minute level, as long as it does not fall below 3250 again, it should be a 15-minute level center consolidation, and then continue to extend upward. The next 15-minute level rebound will focus on whether it breaks through 3500. If it falls below 3250 again, be careful of a 1h level correction.
Trend Direction
Weekly level: The direction is upward, and a new weekly level rise is currently underway, with the overall target above 150,000
Daily level: The direction is upward, the daily level rise, first see whether it will break through 100,000
4-hour level: The direction is upward, pay attention to the 100,000~110,000 range above
1-hour level: The direction is upward. The rise at the 1h level may not be over yet. The upper side should continue to test 100,000
15-minute level: The direction is upward. If it stays above 96,000, it should be able to make another push.
