Daily Share

I have things to do today, and I'm afraid I won't have time to update in the evening, so I will make a simple update first. The market is currently not changing much, and today's viewpoint is the same as yesterday's.

The structure of the 1h level pullback for Bitcoin has basically been established, with three internal movements already completed, but the pullback amplitude has not yet reached expectations. Therefore, it is expected that in the short term, it may first oscillate around a 15-minute level center, then continue to drop.

Ether reached a new high this morning. From the structure, a 1h level pullback will definitely occur. So just continue to wait.

BTC

Due to the rapid changes in the short term, this 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 and use it merely as a reference.

1H:

1h level, currently it is still undergoing a 1h level pullback, and the basic structure of the pullback has already been established. It remains to be seen whether it will extend downwards. The short term tends to first oscillate and consolidate around a 15-minute level center, then see if there will be a departure segment.

15M:

15-minute level, currently we first look for consolidation around a 15-minute level center, then see if it continues to extend down to below 90,000. Of course, it needs to be observed whether it can indeed not go down, then make a 1h level rebound, as indicated by the green arrow in the image above.

ETH

Ether is expected to make a 1h pullback here. It has been oscillating upward for the past two days without making the expected 1h pullback. Therefore, we will continue to look at it according to the 1h pullback structure. Currently, it is normal to be in the first 15-minute level pullback, focusing on around 1750 below. Overall, if the 1h pullback can proceed smoothly, focus on around 1700 below. Afterwards, another 1h level rebound is expected, targeting around 1900.

Then similarly, it is expected that Ether will also make a 4-hour level pullback in early May, with a target around 1480.

Trend Direction

Weekly level: Direction is upward, currently making a new weekly level increase, with an overall target above 150,000.

Daily level: Direction is upward, it is expected that there is already a daily level rebound, with an overall target of 100,000, 102,000.

4-hour level: Direction is upward, the 4h level rebound has not ended yet, continue to look upwards towards 96500.

1-hour level: Direction is downward, a 1h pullback has already occurred, it depends on the strength of the subsequent pullback.

15-minute level: Oscillation, currently the 15-minute level should first oscillate and consolidate around a 15-minute level center.