Daily share

Bitcoin broke through 105,100 again last night, so this represents a 1H level rebound. From today's movement, we can also see that this morning there was a 15-minute level correction, which was not strong, and now it continues to push up. This indicates that the previous fifth wave of the 1H level decline has ended.

So, is the current rebound here a new 4H level rebound? It cannot be confirmed yet. If it cannot break through 106,600 in the short term, it is still within the range of a 4H level correction. In terms of operation, it is recommended to trade based on the 15-minute level or 1H level, and once the next 4H level rebound is confirmed to start, then operate based on the 4H level.

BTC

Due to the rapid changes in the market in the short term, this article can only make predictions based on the market changes at the moment of publication. Short-term traders should pay attention to the latest market changes; this is for reference only.

1H:

1H level, quickly dropped to around 100,000 early yesterday morning, and now has roughly reversed back to the drop point from yesterday, indicating that the support at 100,000 is still relatively strong. What can be confirmed now is that the fifth wave of the 1H level decline has finished, and we are now seeing a 1H level rebound here. This 1H level rebound should normally be nearing its end; if it cannot break through 106,600 by tomorrow morning, it is likely to continue another 1H level decline tomorrow, at which point we need to continue to pay attention to the support at 100,000. Keep an eye on the short-term transition between long and short positions.

15M:

Currently, we are running the third wave of the 15-minute level upward movement, first paying attention to the area around 106,000. If it does not break through 106,600 for a long time and instead continues to drop below 104,000, then we will have to observe a 1H level decline here and pay attention to the downward strength.

At the same time, if it breaks through 106,600 in the short term, there is a probability of rebounding again to 108,000, at which point we will see if there is a second buying opportunity.

ETH

The overall 4H level correction of Ethereum, from a personal subjective view, seems to not have ended yet. The 4H correction is still lacking in both time and amplitude. Therefore, it is temporarily inclined to consolidate a 1H level central area here. As long as the current 1H level rebound cannot break through 2630, it is very likely there will be another 1H level decline to break below 2400.

Currently, the 1H level rebound is being monitored to see if it can reach around 2550. If the rebound strength is not strong tomorrow morning, pay attention to the possibility of continuing the next 1H level decline.

Trend direction

Weekly level: direction is upward, currently undergoing a new upward movement at the weekly level, with an overall target above 150,000.

Daily level: direction is upward, currently undergoing a daily level rebound, with the upward target around 120,000 to 130,000.

4-hour level: direction is downward, the 4H level correction is currently finding support around 100,000, but it is still uncertain if the 4H decline has ended.

1-hour level: direction is upward, keep an eye on the resistance at 106,600 for the short-term 1H level rebound.

15-minute level: direction is upward, currently observing the strength of the third wave of the 15-minute level upward movement; if it breaks below 104,000 again, we will see a new 1H level decline.