Daily Share

The large pancake has finally shown a certain downward effect since the 4-hour level drop starting from 94588. Currently, this 4-hour level drop is not yet complete, and the probability of breaking below 80600 again is still quite high. Waiting for the final completion of this wave of decline.

Before the end of the month, there should be a very good bottom-fishing opportunity because there will be a 2-3 month rebound at the daily level afterward. Of course, the so-called daily level rebound is not as easy to profit from as everyone imagines, with repeated v-shapes and door painting being unavoidable. Therefore, accurately timing the short-term rhythm may be very important.

Ethereum is currently the same, experiencing a 4H level decline. In the article on December 14th, we mentioned that Ethereum would at least break 2800, which has been realized today, reaching a low of 2791. However, the 4H level decline is still not over, and I personally expect that Ethereum still has a certain probability of breaking below 2600. Therefore, there is no need to rush to bottom-fish for now; it's better to observe the signals for the right side to end.

BTC short-term

Due to the rapid changes in the short term, the article can only make predictions about the market changes at the moment of release. Short-term players should pay attention to the latest market changes, and this should only be used as a reference.

1H:

1H level, in the analysis article on Monday, we thought that when Bitcoin drops to around 87500, it should be about to make a 1H level rebound, but the actual market on Tuesday extended downward again, reaching a low of around 85000. Then yesterday and the day before, it was mainly running a 1H level rebound, which did not make a new high, so it basically established the pattern of the 4H level correction.

Currently running the third leg of the 1H level decline, this 1H level decline is not complete. Let's see if it starts to accelerate its decline tonight to tomorrow night. As long as this 1H level decline breaks below 81000, then the overall 4H level decline should not diverge, and there will be a fourth leg of the 1H level rebound and a fifth leg of the 1H level decline.

15M:

15-minute level, currently still running the second leg of the 15-minute level rebound here. This rebound is not yet certain whether it has ended, with attention focused on around 88000 above. It is expected that there will be a third leg of the 15-minute level decline in the early morning, observing the strength of the third leg decline.

ETH

Ethereum is currently also running the third leg of the 1H level decline, observing whether this 1H level decline continues to drop below 2700. The overall 1H level decline will be observed until tomorrow night to see the overall strength situation. As for this 4H level decline, first observe around 2600, and if it breaks, pay attention to around 2520.

Trend direction

Weekly level: direction down, there is a high probability that the weekly level decline has already begun.

Daily level: direction down, the daily level decline is expected to end before Christmas.

4-hour level: direction down, currently experiencing a 4H level decline, with a probability of breaking 80600 again.

1-hour level: direction down, the short-term run is the third leg of the 1H level decline.

15-minute level: direction up