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The fourth 1H level rebound for Bitcoin should have ended, waiting for the fifth 1H level decline to unfold. The overall 4H level correction has not ended, so the correction will continue, just needing some time.

There isn't much to say for now, we can only wait patiently.

BTC short-term

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, which should only be taken as a reference.

1H:

The fourth 1H level rebound should have ended, and we continue to look for the fifth 1H level decline. The main focus is whether it can accelerate below 104,000 tomorrow. If it drops, prioritize the support around 100,000; if it doesn't hold, further watch the 95,000 to 100,000 range.

15M:

15-minute level, we should be in the third 15-minute level decline, watching to see if it will accelerate downwards. If it really can't go down, it may continue to consolidate sideways to build a 15-minute level base before going down again.

ETH

In the 15-minute level of Ethereum, the short-term trend is actually more sideways. I don't know if it will struggle a bit more, but the expectation is that it should turn down. My personal view remains unchanged; the upside space is limited, and another drop below 2500 is highly probable. If you want to short, first you need to manage your position well to prevent another short-term surge. Secondly, you need a certain amount of patience, as there hasn't been a clear turning signal yet. If we drop below 2580 again, we can actually be sure.

Trend direction

Weekly level: direction upwards, currently undergoing a new weekly level increase, with the overall target above 150,000.

Daily level: direction upwards, currently undergoing a daily rebound, with the target for this daily increase around 120,000 to 130,000.

4-hour level: direction downwards, currently in a 4H level correction, overall focus on the area around 100,000.

1-hour level: direction downwards, about to undergo the fifth 1H level decline, pay attention to the strength.

15-minute level: direction downwards, watch to see if it can accelerate below 104,000.