Daily Update

In fact, the market is still as we expected the day before yesterday, breaking upwards. The pullback yesterday made us somewhat uncertain. Since it chose to break upwards here, it indicates that the short-term is directly moving towards a 4-hour level rebound rather than pulling back before rebounding. This means that after a short-term upward rebound, it will again move down for a 4-hour level pullback.

The current rebound here should not be over yet, and the short-term could continue to rise, focusing on the area around 88000~89000 above. Ethereum here is also an extension of the 4-hour level rebound, and it is expected to reach around 1750 above.

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BTC

Due to the fast changes in the market for short-term trading, the article can only make predictions based on the market changes at the time of publication. Short-term traders should pay attention to the latest market changes, and this information should only be taken as a reference.

1H：

At the 1-hour level, after breaking through 86000, the short-term is basically a 1-hour level rebound from a central departure segment. The rebound target focuses on the area around 88000~89000, and this 1-hour rebound should not be finished yet. Once this 1-hour rebound is completed, if it shows divergence, then it is very likely to start a new 4-hour level pullback. So, how to confirm the subsequent 4-hour level pullback? If it falls below 85500 again, it can confirm that the 4-hour rebound has ended.

15M：

15-minute level, it is expected that there will be a 15-minute level pullback here. As long as the pullback stays above 85700, there should be a subsequent three buys with a 15-minute level rebound continuing to push above 88000.

ETH

Ethereum is currently undergoing a 15-minute level pullback, with support below focusing on around 1600. It is expected that after the 15-minute level pullback, there will be a third 15-minute level rebound, looking for the third wave to push above 1700.

The extension of the Ethereum 4-hour level rebound needs to push to 1700~1750 one more time, and then it should follow Bitcoin for the next 4-hour level pullback, with the next 4-hour pullback focusing on around 1470.

Trend Direction

Weekly level: Direction upwards, currently undergoing a new weekly level rise, with an overall target above 150000.

Daily level: Direction downwards, at the end of the daily level decline, but it is still uncertain when the daily pullback will end, needing to observe the next 4-hour pullback situation.

4-hour level: Direction upwards, the 4-hour level rebound has not yet ended, focusing on the target area around 88000~89000 above.

1-hour level: Direction upwards, a 1-hour rebound from a departure segment has occurred, the structure is not complete, and falling below 85500 again will confirm the end of the rebound.

15-minute level: Direction upwards, it is expected that after the short-term 15-minute level pullback is completed, there will be another 15-minute level rebound continuing upwards.