#币安HODLer空投HOME The market hasn’t changed much these days, with Bitcoin’s highest rebound during the day around 111400, followed by pressure downwards. Currently, the 111000 level is under adjustment. The market rhythm still mainly revolves around fluctuations, with no signs of a breakout. The volatility will depend on whether we can see a deep correction after the daily and weekly lines close at 8 AM. The current rhythm indicates that the daily wave level correction has become a certainty. The previous 100000 level is the endpoint of this downward channel and can be used as a reference point.

From the overall structure, the market has seen a bottom rebound at the hourly level, with the upper track undergoing a corrective fluctuation, trading time for space. Coupled with the lack of stimulating news over the weekend, the overall volatility is limited. Currently, the daily level signals are clear, indicating that the wave correction won't stop until it reaches below 100000. In the short term, there’s still room for a rebound if it breaks through the mid-track on the four-hour chart. We can arrange to go short at the upper track of 112000 at midnight.

At midnight, Bitcoin is hovering around 111500-112000 short, looking at 109000, while Ethereum is hovering around 4310-4320 short, looking at 4200.