Daily Share
As expected yesterday, Bitcoin has started a 1-hour rebound. This rebound is still short of a 15-minute rise. Pay attention to 98,000-99,000 above. After the 1-hour rebound, Bitcoin is expected to fluctuate downward for a few days and return to around 90,000. The altcoins should also need a few days to adjust, and tend to fluctuate.
After the overall adjustment of Bitcoin, a new wave of pull-ups will continue. Bitcoin has pulled back in the past two days, but in fact most currencies have not fallen too much. For example, Ethereum and Ethereum-related currencies have continued to rise. This shows that the short-term adjustment is not a staged collective adjustment, but just a wave of adjustment in the middle of the rise. Some altcoins have returned to the prices of the previous few days. As I have repeatedly said a few days ago, the current bullishness should be bolder, and bolder. Don't think that the bull market is over as soon as there is a pullback. I have repeatedly told you this with great sincerity. If you don't listen, there is nothing I can do.
The community also recommended ens at around 17 or 16. When I woke up this morning, ens had reached 34, successfully doubling. If you want to join the spot group, you can chat privately.
Speaking of this, I have to mention one thing, do you think the current market situation has ushered in the copycat season?
I personally think that the alt season has quietly arrived. It is just that we are in the early stages of the alt season and it is still a long way from the peak. At the peak, most of the currencies should rise from the bottom, basically 5 to 10 times. Some of the currencies with good liquidity and hot spot effects should have a 20 to 40 times increase, and a few dark horses can rise to 100 to 250 times.
The reason why we are in the early stage of the alt season is that most of the currencies have just started to pick up. Although many currencies have been pulled up recently, they are still at a low level. In the early stage of the alt season, we should say goodbye to fear of heights and look further ahead. For example, if a coin rises from a low of 0.12 to 0.3, do you think it is a high level? You are afraid that it will be cut in half if you buy it. But it is very likely that its upward space may be as high as 2.5 US dollars. So in the bull market, expand your imagination and don't use your bear market thinking to participate in market transactions.
BTC
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, it is more likely to rebound here and then fluctuate downward again. It may first fluctuate and consolidate a 1h level center, and then step back to around 90,000 to complete a 4h level correction. After the 4h correction is completed, a new wave of rise will start to rush to 120,000. Therefore, it is estimated that it will take a few more days to adjust in the short term.
The current 1h level rebound will see whether it reaches around 98,000~99,000, and then it will make a third 1h level decline.
15M:
At the 15-minute level, there should normally be another 15-minute level rebound here. Focus on 98000 on the top first, and the support on the bottom is around 94350.
ETH
The structure of Ethereum here, if I switch to the 30-minute level to process, the structure may be clearer (the 15-minute level structure is a bit chaotic and cannot meet the current needs). The 30-minute level consolidates a center. At present, the highest increase in the section leaving the center has reached 3684. There is a 30-minute level correction here. After the correction, there is another 30-minute center three buys to rush to around 3700.
It is uncertain whether the short-term 30-minute level correction will fall back to the 3550-3500 range. We can observe the details. If it does not fall below 3440, the short-term rise will continue.
At the 1h level, the structure here is still optimized to the rise of the 1h level center departure segment, and the upper target is around 3700~3750. After the 1h rebound, there is still a 1h level callback, and the callback focuses on the 3400~3500 range. After that, it will continue to rise, and it is expected that this 4h level rebound will hopefully reach around 3900~4000.
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 is expected to reach around 120,000
4-hour level: The direction is downward. If it does not break through 99500, it should still be a 4h level callback.
1-hour level: The direction is upward. After the 1-hour level rebound ends, the price will fluctuate and fall again to complete a 4-hour level callback.
15-minute level: The direction is upward. It is expected that there will be another 15-minute level rise to above 97200