Daily sharing

Last night, the 1-hour pullback of BTC dropped to a minimum of 95734, which actually constitutes a normal pullback. However, many people panicked at the sight of the drop, thinking that a big crash was coming. In fact, this reflects an obvious fear of heights sentiment. From everyone's emotional perspective, it is clear that it should not drop too much in the short term.

Currently, in the second half of the bull market, from the market sentiment perspective, it is still in a cautious and optimistic phase. The caution among people is because BTC has been rising steadily since breaking through 70,000, with no significant pullback in between, so everyone is very fearful of heights, fearing a sharp drop in altcoins if BTC experiences a spike. However, currently, we are in a phase of general rise for altcoins, and there is still some optimism among people. Therefore, at this stage, I personally expect BTC to be difficult to drop too much, and even breaking below 90,000 would be quite challenging.

So if the structure shows a normal pullback, don't be overly afraid of a crash. In fact, we all know that even if there is a wave of crash in the short term, it can easily be pulled back again, so there's no need to scare yourself excessively with the spot market.

The only thing you need to consider is your ability to adjust positions, for example, when it reaches the expected target, whether you consider reducing some positions, and then when a pullback occurs, to buy back the reduced positions. Or consider leaving some room for funds, not going all-in; this way, if there is a pullback, there will still be opportunities to buy back and lower the average cost.

BTC

Due to the rapid changes in the market in the short term, this article can only make predictions based on the market changes at the moment of publication. Short-term players should pay attention to the latest market changes, and this is just for reference.

1H:

At the 1-hour level, it is currently undergoing a rebound in the 1-hour center's third buy, and the target for this 1-hour rebound focuses on around 102500. The subsequent observation will be whether it continues to consolidate a 1-hour center.

If the trend is particularly strong, it is possible that it will move towards a 3-center rise in the future. If not strong, we will consider whether to have a 4-hour pullback. All of this needs to be watched as we go; don't think that a slight pullback indicates a daily decline, it's not that easy. Because once a one-sided uptrend is formed, pulling back is not so easy. Of course, in the actual market, I personally believe we need to continuously pay attention to when there will be a pullback opportunity. Once there is a pullback signal, I will promptly inform in an article.

15M:

At the 15-minute level, the left yellow arrow is the internal 15-minute structure of the 1-hour level decline, which has gone through 5 segments. The right blue arrow indicates the expected 1-hour level rising structure. Currently, it is uncertain whether the first 15-minute level rise has ended. If it has ended, the pullback should focus on around 97300. Overall, the 1-hour level rise needs to continue until tomorrow morning. If it slows down, it may be pushed back further.

ETH

The structure at the 4-hour level of Ethereum shows that Ethereum has consolidated in the 2360~2730 range at a low level for a 4-hour center. It is currently running a 4-hour level rising segment away from the center. From the above chart, we can see that this 4-hour level departure segment is not divergent, so the daily rise of Ethereum is not going to end so quickly. In the future, at least it needs to undergo a 4-hour pullback and a 4-hour level rise.

Interjecting the daily structure, since Ethereum's recent rise has brought it back into the previous daily center, it has now constituted a substantial reversal. Then the first daily level rise is expected to break through 4000 and reach around 4200. After that, a daily pullback will occur, then the third daily rise is expected to break through the historical high of 4800.

At the 1-hour level, it is currently undergoing a 1-hour center's third buy in the rising segment, which has reached above 3500, consistent with our previous prediction that Ethereum's corrective rise would go to 3500 and 3700. Currently, let's see if this 1-hour level rise can break through 3700. There should be an opportunity.

Currently, it's just the first 15-minute level rise in the 1-hour level uptrend. In the short term, there should be a 15-minute level pullback, focusing on around 3400 below, and then there will be a third 15-minute level rise to see if it can break through 3650.

Trend direction

At the weekly level: The direction is upwards, currently undergoing a new weekly rise, with an overall target above 150,000.

Daily level: The direction is upwards. The daily rise is expected to reach around 120,000.

At the 4-hour level: The direction is upwards, focusing on the range of 100,000~110,000.

1-hour level: The direction is upwards, currently undergoing a 1-hour level rise, with the first target focusing on 102500.

15-minute level: The direction is upwards.