Daily share
In yesterday's market analysis, we indicated that a 1h level pullback needs to occur, which has now been successfully completed. Pay attention to the strength of the pullback here, with certain support at 97000 or around 96000, specific observation is needed. The current structure has been satisfied, just see if it can stabilize tonight.
It is expected that a new 1h level rebound will begin tomorrow, the next 1h rebound is expected to break through the 100,000 mark, after breaking through pay attention to the range of 100,000~110,000. Ether here is also nearly at a 1h pullback, after the pullback continue to be bullish towards around 3700.
BTC
Due to the rapid changes in the market in the short term, the article can only make predictions based on the market changes at the moment of publication, short-term players pay attention to the latest market changes, merely as a reference.
1H:
At the 1h level, the current 1h level pullback structure should be nearly finished, if 97000 holds, then it should be able to produce a 1h level increase tomorrow, with the upper focus on around 102500~105000.
If 97000 does not hold, then pay attention to around 96000, currently no major decline is visible, after the pullback continue to remain bullish.
15M:
At the 15-minute level, currently running the 5th 15-minute level decline, this decline can be deep or shallow, for a shallow decline pay attention to support around 97000, for a deeper decline pay attention to around 96000. It is worth noting that the overall uptrend has not finished. After this pullback, there will continue to be new highs. Therefore, expect to see continued increases on Monday and Tuesday, leading to a new 1h level increase.
ETH
Ether here is also running a 1h level pullback, continued to push to 3500 last night, but did not manage to go up. Currently, as long as this 1h level pullback does not drop below 3220, the overall 4h level increase has not ended, so continue to remain bullish after this pullback. The next 1h level rebound is expected to challenge around 3700.
Current 1h pullback, internally has already completed 3 structures at the 15-minute level, first pay attention to whether 3320 holds, if it holds, then directly look for a 1h level rebound. If it does not hold, then further test the 3260~3190 range, after testing still bullish.
Trend direction
At the weekly level: direction up, currently in the process of a new weekly level increase, overall target looks above 150,000.
At the daily level: direction up, the daily level increase is expected to reach around 120,000.
At the 4-hour level: direction up, pay attention to the range of 100,000~110,000.
At the 1-hour level: direction up, the current 1h level pullback should be ending soon, looking forward to a 1h level increase pushing to 100,000.
At the 15-minute level: direction down, currently looking at support around 97000, if it does not hold, look at around 96000.