Daily share

Bitcoin surged again this morning, reaching a small high point of 102650, continuing the 1-hour level rise. It has not yet shown the expected 1-hour pullback. As for Ethereum, it is still in a 15-minute level oscillation. It has neither shown a continuation of the 1-hour rise nor completed a 1-hour level decline. Therefore, at this time, both long and short positions are not easy to operate. It is better to be patient and wait, one is to wait for Bitcoin to show a 1-hour level pullback. Another option is to wait for Bitcoin to reach a new high and then pay attention to the market trend.

Altcoins are still in a correction phase, no need to worry, at most it will test the low point of the decline on December 9 again. It may also not give a pullback; this is currently uncertain. However, it can be confirmed that after this adjustment, there will be another surge before the New Year.

BTC

Due to the rapid changes in the market, the 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, which are merely for reference.

1H:

1-hour level: Here it should normally show a 1-hour level pullback, which can be shallow or deep. If shallow, pay attention to around 97500~98000; if deep, it may test 95000 or 94000 again. For the movement here, the strength of the pullback is indeed not very certain. Let's wait and see. I hope there will be another dip below 94000, but if it doesn't happen, then there is really nothing to be done. You need to prepare different response plans.

In a bull market, it is still not advisable to short; rather, it is better to miss long positions than to get trapped in shorts due to a sudden spike.

15M:

15-minute level: Here it should normally show a 1-hour pullback. Currently, it should still be the first 15-minute level decline, expecting the pullback to be observed until tomorrow noon, to see if 97500 can hold. If it cannot hold, then look further down.

ETH

Ethereum here has already formed a 1-hour level downward structure. Normally, the decline here should not be complete. Pay attention to around 3760 below. If it cannot hold, there is a high possibility of another test of 3500. Only if it holds can there be a chance to continue pushing above 4000.

Trend direction

Weekly level: Direction is upward, currently in a new weekly level rise, with the overall target looking above 150,000.

Daily level: Direction is upward, the daily level's rise is expected to reach around 150,000.

4-hour level: Direction is upward, the 4-hour pullback structure has not been given, but there is still a probability to test 94000 again, with short-term uncertainty.

1-hour level: Direction is downward, currently the 1-hour level pullback focuses on around 97500, if it breaks below, then consider whether to go to 94000.

15-minute level: Direction is downward, currently the first 15-minute level decline.