Daily Share

The third 1h level rebound of Bitcoin has reached 60625. The overall 4h level rebound has reached the expected 60500~62000 range. The main pressure above is still concentrated in the 62000~63000 range. If the 4h level rebound cannot effectively break through this range, there will be another 4h level decline. The next 4h level decline is more critical. If the callback is shallow, Bitcoin is expected to start a strong rise, at least to the 65000~70000 range. If the callback is deep, then the daily decline will be extended.

 

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：

Currently, the third 1h level rebound is running. In the short term, there may be a 15-minute level rebound to around 61,000 or above, and then there will be a 1h level decline. If the 1h level decline falls below 56,800, then Bitcoin should make a 4h level correction to at least below 55,000.

As shown in the above picture, the three yellow arrows on the left are the structure of the 4h level rebound, and the green arrow on the right is the structure of the expected 4h level pullback.

 

15M：

At the 15-minute level, normally after the 15-minute level pullback, there should be another 15-minute level rebound to around 61,000 or above. Therefore, as long as the short-term 15-minute level pullback does not break 69,000, there should be another 15-minute level rebound. You can observe it specifically.

ETH

At the Ethereum 4h level, as long as the 4h level rebound here does not effectively break through 2600, there will be another 4h level decline in the future, and it is possible to fall back to 2100 again or slightly break below 2100.

From the spot perspective, it is worth trying to buy Ether near 2100 or even close to 2000, because the support near 2000 is the watershed between the strength of bulls and bears at the weekly level. Only when Ether stays above 2000 can it be a bull market trend.

At the 15-minute level, Ethereum is currently experiencing a 15-minute level pullback. If this pullback does not fall below 2382, there is a chance for another 15-minute level rebound to test around 2500.

 

Trend Direction

Weekly level: Downward direction, extension of weekly decline, theoretically around 49,000, the limit is 45,000~48,000, whether it is over or not still needs to be observed

Daily level: The direction is upward, and we will see if it will fall below 49,000.

4-hour level: The direction is upward, the 4h level rebounds into the target area, if it does not break through 63000, it may fall back at the 4h level next week

1 hour level: The direction is upward. The rebound at the 1h level may still need a 15-minute level up.

15-minute level: The direction is upward, see if there is another wave of 61,000 or above