Daily Sharing
Bitcoin retraced to around 92,900 again last night, and then this morning it rebounded to around 95,000, revealing that this is still the essence of central oscillation. From the current perspective, there is still a high probability of continuing to push above 96,000 since the price has not fallen below 92,000. So let's continue to observe. It is advisable to set stop-loss for long positions. If the upward movement goes smoothly, it actually indicates that the short-term rebound is likely to be nearing its end, and the subsequent focus will be on a 4-hour level correction.
BTC
Due to the rapid changes in the market, the 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; this is for reference only.
1H:
At the 1-hour level, if it stays above 92,000, there is still a tendency for a 1-hour level rebound to go above 96,000. I hope this rebound can happen; theoretically, a short-term direction choice is about to occur.
15M:
At the 15-minute level, it is in a state of random fluctuations. If it does not fall below 92,000, there is a tendency for a short-term upward movement for a 1-hour level rebound to break through 96,000, as indicated by the yellow arrow in the above image.
ETH
Ethereum's 15-minute level correction last night did not fall below 1,725. Will it also make another upward move, making a 1-hour level rebound to around 1,900? Let's observe closely.
It is expected that this weekend is very likely to start a 4-hour level correction. Ethereum may have a chance to retrace below 1,500.
Trend Direction
At the weekly level: the direction is upward, and it is currently undergoing a new weekly level increase, with an overall target above 150,000.
At the daily level: the direction is upward, and it is expected to be in a daily level rebound, with an overall target of 100,000 and 102,000.
At the 4-hour level: the direction is upward, and the 4-hour level rebound has not yet ended. It may further push towards around 98,000.
At the 1-hour level: oscillating. If it stays above 92,000, it may continue to consolidate a 1-hour level central area before making another 1-hour rebound.
At the 15-minute level: the direction is upward.