In the article on the 10th, it was mentioned that BTC is currently in a 1h level rebound during a 4h level correction. If it does not break below 94000, it will rebound above 99000, and then make the next correction to around 91000. Looking at the recent 2 days of movement, it reached above 99000 as expected, but the anticipated pullback did not occur; instead, it rose to 101800. If the price breaks through 102000 next, it means the 4h correction has ended.
4h level, structurally still in a correction. It is expected that the current 4h correction will retest the 89000-91000 range (as indicated by the red and green arrows). If the rebound breaks through 102000, it means the correction has ended, and a new round of upward movement will begin.
1h level, currently in a 1h level rebound. The key point also depends on whether it can break through 102000. If successful, the rebound will continue to around 104000 (as indicated by the red and green arrows). From a timing perspective, this 1h rebound is actually nearing its end; if it cannot continue, the next correction will cause the price to retest the 98000-96000 range.
Short-term
15m level, if the lowest point of 100138 at 7 PM today is the starting point of a new round of rebound, then from midnight to daytime, it will definitely break through 102000, extending the rise towards around 103000.#BTC☀ #BTC走势分析
Direction: Long
Buy point 1: current price
Buy point 2: near 100500
Buy point 3: near 99600