Daily sharing

The big coin has successfully executed a 15-minute level rebound today, also pushing up to 95000, with the highest reaching 95332. The overall expected 1h level rebound from the central zone should be nearing completion, and the short term needs to watch for a 1h level correction. Pay attention to around 88000 for the correction, as long as it does not drop below 86500, it is still the third buy of the central zone, and there will be another 1h level rebound later, focusing on the strength of the next 1h rebound.

BTC Medium to Long-term

Weekly level:

At the weekly level, the big coin is currently still running the third wave of weekly upward movement, starting from around 49000. We have emphasized many times that as long as the big coin does not drop below 74000, the overall weekly upward trend remains unchanged. We expect to see a range of 150,000 to 200,000 after the weekly increase.

Interestingly, although the big coin looks precarious, when the price touches above 74000, it shows exceptional strength, so the support at 74000 is undoubtedly still reliable.

In the past month, we have repeatedly reminded that from mid to late April to May, we are looking for a significant rebound, and we are currently experiencing this rebound.

As everyone can see, the targets at the large level are actually clear, but the twists and turns at the small level are not necessarily so clear. How to only look at the short term and engage in short-term trading without considering the large level trends is like a blind person touching an elephant, we will only get lost in the ups and downs of the short term without seeing the overall situation. However, if we only focus on the large level and ignore the movements at the small level, we often end up holding a position that turns from profit to loss, or a position that could have been profitable ends up getting liquidated in the short-term market changes.

Therefore, the large and small levels need to be viewed in conjunction, and achieving a certain balance is not easy.

Daily:

At the daily level, the big coin has currently pulled back above 94000, so in the short term, I believe it is already in a daily level rebound. The first target for the rebound is around 100,000, and the second target is around 102,000. After reaching the second target, whether it will continue towards a new historical high or undergo a daily level correction back to the range of 75000 to 79000 will need to be observed further.

4H:

At the 4h level, a 4h level rebound is currently occurring, and this is likely the first 1h level rebound within the daily level rebound. It is expected that this 4h level rebound should be nearing completion, with at most one more 1h rebound before there is an opportunity to end this 4h level rebound. The main pressure above is still in the range of 96500 to 98000.

It is expected that by the end of the month or early next month, there may be a 4h level correction, and the next 4h correction should focus on around 81000. Once this 4h correction is completed, we expect there will be another 4h level rebound, continuing towards 100,000.

BTC Short-term

Due to the rapid changes in the market, the article can only predict the market changes at the moment of publication, short-term players should pay attention to the latest changes in the market, and it is merely for reference.

1H:

At the 1h level, a 1h level rebound is currently in progress, and it is expected that this 1h level rebound should be nearing completion. It may push up a bit above 96000, and it is expected that a 1h level correction will likely occur tomorrow, with a target for the correction around 88000. After that, a 1h level rebound should occur, at which point we will see if it breaks the previous high again.

15M:

15-minute level, a 15-minute level rebound has already occurred, pushing up to 95000 again, and it is expected that a 1h level correction will occur tomorrow. First, observe the strength of the first 15-minute level correction tomorrow.

ETH

Ethereum here is slightly weaker compared to the big coin. First, see if the current 15-minute level pushes above 1834 again, and then a 1h level correction will follow, as indicated by the white arrows in the image above.

But if it directly breaks 1739 here, it is very likely that a 1h level correction has been anticipated, pay attention to around 1630 for the 1h correction below.

Ethereum here may also be in the process of a daily level rebound. After a subsequent 4h correction, the next 4h rebound is likely to accelerate. The overall target of Ethereum’s daily rebound is likely to reach around 2300 to 2400.

Trend direction

Weekly level: Direction upward, currently in a new weekly level upward movement, overall target looks above 150,000

Daily level: Direction upward, it is expected that a daily level rebound has already occurred, overall target 100,000, 102,000

4-hour level: Direction upward, the 4h level rebound has not yet ended, continue upward to see around 96500

1-hour level: Direction downward, it is expected that a 1h correction may occur tomorrow, paying attention to 88000 below.

15-minute level: Direction downward, first watch whether the 15-minute level correction falls below 91500