Market Sentiment:

Chart Structure:

Bitcoin (BTC):

The structure of BTC on the 1-hour chart. Although BTC briefly broke through the 1-hour center, the overall upward trend remains unaffected. If the correction of the 1-hour downtrend is completed here, it will likely lead to the formation of the third 1-hour uptrend, with an expected target of around 27,000 to 27,500. Relatively speaking, this provides BTC with some breathing room.

The structure of BTC on the 30-minute chart. Currently, BTC is in the third 30-minute uptrend. If this upward momentum diverges, there is a high probability of a top divergence and an increased likelihood of a higher-level correction, at the very least a 30-minute retracement. Therefore, short-term attention needs to be paid to the risk of a retracement here.

Ethereum (ETH):

The structure of ETH on the 1-hour chart. The trend of ETH is similar to that of BTC, with a recent occurrence of a 1-hour internal divergence. Therefore, the risk of a retracement has significantly increased. Moreover, ETH has not fully retraced within the 1-hour center, only oscillating at the lower boundary, making the risk of retracement more severe. Therefore, caution is needed in the short term.

Trading Strategy:

Invest with caution. This article is not intended as a basis for trading decisions.

Market conditions change rapidly, and many cannot be promptly alerted. It is not possible to explain the market situation clearly in the event of changes, so you can follow my public account.

The specific situation will be explained in the group. Scan the QR code below if you want to join the group.

Follow Twitter account

View 导演 (@DirectorBtc): https://twitter.com/DirectorBtc?t=HOPxApLJ538iGLLrrh8bUQ&s=05

The WeChat below is not my personal WeChat. Please carefully distinguish to prevent unexpected losses.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。