Daily sharing
The big pie has reached our expected range of 88,000 to 89,000. Has the short-term move completed? Currently, it may still go up a bit more, but the expected upper space won't be too large. We are at the end of a 4-hour level rebound. There will be a 4-hour level pullback coming out later, and we are looking for a rebound here, not an absolute reversal. So we need to pay attention to the subsequent pullback.
For Ethereum, let's observe it a bit more. It should normally push towards 1,700 again. If it can rebound to this position, the overall trend will be quite perfect. This is not a complete reversal for Ethereum, and there will still be a 4-hour level pullback later.
BTC
Due to the rapid changes in the market, this article can only provide predictions for the market changes at the moment of publication. Short-term traders should pay attention to the latest market changes and consider this as a reference.
1H:
1-hour level: Currently undergoing a 1-hour level rebound that is leaving a central area. Based on the current state, this rebound should not have ended. Personally, I lean towards it possibly reaching the 91,000 to 92,000 level. Focus on the next 1-hour level pullback; if it breaks below 86,000, it can confirm that a 4-hour level pullback is underway.
From a structural perspective, this should be the end of the 4-hour level rebound, but this end does not mean it will drop immediately. The expectation is that it may oscillate around the 87,500 to 90,000 range before starting to pull back.
15M:
15-minute level, it is expected that there will be a 15-minute level pullback from evening to midnight, with pullback support around 88,500. After that, there should be another 15-minute level rebound, with the expectation to push up again. In the short term, attention can be paid to the 91,000 to 92,000 range. After that, it may continue to oscillate for a day or two before starting a 4-hour level pullback.
ETH
For Ethereum, the starting point of the 1-hour level rebound leaving the central area should be around the spike position of 1537 this morning. Currently, this 1-hour rebound structure has not completed, so it is expected to continue moving up, with continued focus on the area around 1,700 to 1,750. If it breaks below 1,630 again, it can confirm that a 4-hour level pullback is underway.
15-minute level, in the short term, there may be a 15-minute level pullback, with support around 1,600 below. After that, there will be another 15-minute level rebound to continue pushing towards 1,700.
Trend direction
Weekly level: Direction is upward, currently in a new weekly level uptrend, with an overall target above 150,000.
Daily level: Direction is downward, at the end of the daily level downtrend, but it is still uncertain when the daily level pullback will end. We need to observe the next 4-hour pullback situation.
4-hour level: Direction is upward, the 4-hour level rebound has not ended, with focus on the area around 92,000.
1-hour level: Direction is upward, expecting the short-term to still move up a bit more.
15-minute level: Direction is upward, inclined to pull back for a 15-minute level before continuing with a 15-minute level rebound.