Recently, Bitcoin has completed the second wave of a 1-hour level rebound within the 4-hour level downtrend. Following the rhythm pattern, this rebound wave should cap out around the 92,000 to 93,000 range before concluding. However, there's one issue—Ethereum's structure hasn't completed yet, so my bias for the weekend is still toward oscillating movement, likely with another upward push first.
By next week, we should see the start of the third 1-hour level downtrend. The entire 4-hour level downtrend cycle is expected to conclude next week, after which a new rebound wave will likely launch quickly, targeting above 100,000.
**BTC Short-term Rhythm**
Looking at the 1-hour level, Bitcoin's second rebound wave is nearly complete. There's still room to push higher toward the 92,000 to 93,000 range, though it may not make it there—it's hard to say for certain. After entering next week, the third downtrend should initiate, with key focus on the 86,000 area, where there could potentially be a spike down to 85,000.
The 15-minute level has already played out three waves in an up-down-up pattern, indicating the 1-hour level rebound should be concluding soon. From an overall perspective, the ideal scenario would be another push toward the 92,000 to 93,000 range. Once Bitcoin breaks back below 90,000, it would essentially confirm the start of the third 1-hour downtrend.
**Ethereum Movement**
Ethereum's 1-hour rebound structure over the past few days isn't particularly perfect. In the short term, if it can push up again near 3,150 or higher, the structure would become more complete. Next week will similarly see a 1-hour level downtrend, with the lower target requiring further observation.
Short-term market action moves fast; this is for reference only.
Recently, Bitcoin has completed the second wave of a 1-hour level rebound within the 4-hour level downtrend. Following the rhythm pattern, this rebound wave should cap out around the 92,000 to 93,000 range before concluding. However, there's one issue—Ethereum's structure hasn't completed yet, so my bias for the weekend is still toward oscillating movement, likely with another upward push first.
By next week, we should see the start of the third 1-hour level downtrend. The entire 4-hour level downtrend cycle is expected to conclude next week, after which a new rebound wave will likely launch quickly, targeting above 100,000.
**BTC Short-term Rhythm**
Looking at the 1-hour level, Bitcoin's second rebound wave is nearly complete. There's still room to push higher toward the 92,000 to 93,000 range, though it may not make it there—it's hard to say for certain. After entering next week, the third downtrend should initiate, with key focus on the 86,000 area, where there could potentially be a spike down to 85,000.
The 15-minute level has already played out three waves in an up-down-up pattern, indicating the 1-hour level rebound should be concluding soon. From an overall perspective, the ideal scenario would be another push toward the 92,000 to 93,000 range. Once Bitcoin breaks back below 90,000, it would essentially confirm the start of the third 1-hour downtrend.
**Ethereum Movement**
Ethereum's 1-hour rebound structure over the past few days isn't particularly perfect. In the short term, if it can push up again near 3,150 or higher, the structure would become more complete. Next week will similarly see a 1-hour level downtrend, with the lower target requiring further observation.
Short-term market action moves fast; this is for reference only.