Daily sharing
Today's article is a brief update; there are no significant changes in the market, so be patient and wait for the structure to develop.
Mainly answering two questions:
First, will BTC break below 103,068?
103,068 is not the endpoint of the 4-hour level correction; there is a high probability of new lows appearing subsequently.
Second, will the short-term rebound continue to climb?
This is difficult to determine; the short-term 5-minute and 15-minute levels may not fully align with the predictions. The only certainty is that the short-term rebound will not break above 110,700 again and will continue to decline below 103,000 after the rebound. Therefore, manage a reasonable position, and your short position can take profit below 103,000 or even around 100,000.
BTC short-term
Due to the rapid changes in the market, the article can only make predictions based on the market conditions at the moment of publication. Short-term players should pay attention to the latest market changes as a reference only.
1H:
Here the expectation is still for the fifth wave of 1-hour level decline; this decline theoretically should continue downward tomorrow. If the fifth wave of 1-hour decline does not break below 104,000, there is a possibility of a 1-hour level rebound to around 107,000, continuing to oscillate around the 1-hour center before declining again. However, this is currently unclear.
The 1-hour level will eventually have a drop below 103,000, reaching around 100,000, or a spike in the 95,000~100,000 range. However, before this wave of decline plays out, the short-term fluctuations in the market cannot be guaranteed with 100% certainty.
15M:
15-minute level, observe whether it consolidates into a 15-minute level center before continuing to decline. If it breaks 106,100, there is a possibility it could rise again to around 107,500 before declining again.
ETH
For ETH, observe whether it consolidates into a 15-minute level center before continuing downward. The short-term resistance above is at 2,650; if it consolidates around the center, it generally should not break above 2,650 again. If it breaks, it should go up to around 2,690~2,700.
The current overall view of ETH is that the short-term here is merely a rebound within a 4-hour level correction, and after the rebound, it will likely decline below 2,450 again. Just like BTC, the short-term ups and downs, the fluctuating trends cannot be perfectly predicted, so everyone needs to manage their position and risk control effectively.
Trend direction
Weekly level: the direction is upward, currently experiencing a new weekly level increase, with an overall target above 150,000.
Daily level: the direction is upward, currently experiencing a daily rebound, with the target for this daily increase around 120,000~130,000.
4-hour level: the direction is downward, currently in a 4-hour level correction, generally focus on the area around 100,000.
1-hour level: the direction is downward, currently not accelerating downward, continuing to oscillate significantly.
15-minute level: oscillating bias