Daily Share

In yesterday's market analysis, we mentioned that if Bitcoin rebounds and breaks through 113300, it may lead to a 1-hour level rebound. However, the current structure has not fully materialized yet, as it still lacks a 15-minute level rebound. Ethereum, due to last night's rebound not breaking through 4220, continued to decline today, breaking 4000, which belongs to the extension of the previous 1-hour level decline.

Since Ethereum has chosen to continue its decline to extend the 1-hour level drop, will Bitcoin also continue to decline, thus delaying the arrival of this 1-hour level rebound? This situation is also possible. Therefore, for short-term trading, a prudent operation is still to continue waiting or to hold your high-position short orders.

Yesterday's article actually reminded everyone that under the overall trend still pointing down, the rebounds in between are mostly optional. It is inherently unsafe to grab rebounds during a decline, plus there is still no clear rebound signal. You see, if you went long on Ethereum last night or this morning, haven't you been trapped again?

In the internal community, I have repeatedly reminded everyone in recent days, suggesting that those with high-position short orders should continue to hold them and not be swayed by short-term fluctuations. Today's market has caused many people's high-position short orders to be washed out again.


BTC short-term

Due to the rapid changes in the market, the article can only make predictions based on the market changes at the moment of publication. Short-term players should pay attention to the latest market changes, which should only be taken as a reference.

1H:

1h level, the short-term trend is still weak, the 1h level rebound has not emerged, so will it continue to decline below 109000 or even below 107000? Then start the second 1h level rebound in the 4h level decline, and then the third 1h level decline? It is also possible because the past few days have been oscillating around the range of 113500~111500, this could be the oscillation of the second 15-minute level central, then continue to decline to extend the first 1h level decline.

Currently, it is recommended to observe further. If a rebound occurs, you can continue to go short. If no rebound occurs, you can only continue to wait. It is not very appropriate to pursue short positions here because of the uncertainty in short-term trends.


15M:

15-minute level, the probability of continuing to decline here and forming a real 15-minute level central departure section is increasing, pay attention to 108000 below. A short-term breakthrough of 113200 is required to consider this as a 1h level rebound.


ETH

Ethereum's movement here is quite clear, it is in the extension of a 1h level decline, mainly going through the second 15-minute level central departure section's decline this morning. Currently, as long as the rebound does not pull back above 4115, it cannot be confirmed that a new 1h level rebound is taking place here. There is a possibility of further decline tonight, and temporary risk should be noted. It can be confirmed that 3900 cannot be held, at most it can only provide temporary support, and the price will continue to drop further in the near future.


Trend direction

Weekly level: direction up, currently in a new weekly level rise, the overall target looks above 150000

Daily level: direction down, it is highly likely that it is in a daily-level decline, pay attention to the range of 95000~90000

4-hour level: direction down, currently running the third 4h level decline, it is still early to conclude.

1-hour level: direction up or down, it is temporarily uncertain whether it will continue to decline to extend the 1h level decline

15-minute level: direction up, a breakthrough of 113200 is required to consider that the short-term will continue to rebound to complete the 1h level rebound$BTC $ETH #美国加征新关税