Daily Share
Bitcoin rebounded today and successfully broke through 64817, which means that the 1h level rebound has been successful and still has not broken through the 65000~65500 range. The overall 4h level rebound structure is close to perfect. In the short term, a 4h level correction is expected, and it will initially fall back to the 60000~61000 range.
After this 4h level correction is over, the next 4h level rebound is expected to break through 65,000 and reach the range of 66,500~70,000. As for whether it will break through 70,000, we will see at that time.
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, the first 1h level decline is currently underway. If this decline falls below 62700, it can be almost confirmed that there will be a 4h level correction. Currently, because a divergence has occurred within the 4h level rebound structure, there is an expectation of a 4h level correction, but it is not 100% certain for the time being.
From the current perspective, the 1h level correction has not been completed. It is still the first 15-minute level decline. There will be a second 15-minute level rebound and a third 15-minute level decline in the future. Therefore, we need to see the strength of the overall 1h level decline by then.
15M：
At the 15-minute level, the first 15-minute level decline has already occurred. In the short term, there may be a second 15-minute level rebound. As long as the second rebound does not break through 64,500, there will be a third 15-minute level decline.
ETH
Ethereum is also expected to have a 4h level pullback, with the target around 2450. After the 4h pullback, Ethereum is expected to continue to rebound to test the pressure around 2850~2950.
In the short term at the 15-minute level, there may be a 15-minute level center consolidation here, and then continue to fall. The 1h level decline target is 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 the range of 67000~70000 should be continued in the short term
4-hour level: The direction is downward. Currently, a 4h level correction is expected. If the structure emerges, you can enter the market.
1-hour level: The direction is downward. In the short term, we will see a 1h level pullback, with the target around 62000 or 61500
15-minute level: The direction is downward. It is expected that there will be another 15-minute level rebound and a 15-minute level decline.
