Opportunities for rebounds amidst declines, no need to panic!

After breaking 93500 yesterday, Bitcoin failed to maintain its upward momentum, retracing in the evening and hitting a new low of 88600 in the early morning. It has now pulled back above 91000, and a 4-hour level decline is likely nearing its end. In the short term, a fluctuating rebound is expected for five to six days, completing the 4-hour level rebound, with the target looking towards around 98000 or the 98000-100000 range.

However, the daily level decline has not yet ended, and the downward momentum has not been fully released. There is a high probability that fluctuations and declines will restart by next weekend, and the next daily level rebound may not come until December. Altcoins are worth looking forward to, as they may benefit from Bitcoin's daily level rebound in December-January.

In terms of short-term rhythm, the 4-hour decline that started from 107500 has completed three moves of “down up down,” and we are currently advancing a 1-hour level rebound of “up down up.” The first move of the 1-hour rebound is looking at 96000, followed by a potential retracement before rebounding; additionally, the monthly MACD on December 1 has a high probability of a death cross, making it very unlikely for this rebound to create new highs, so don’t have overly high expectations.

However, a weekly decline does not mean there are no trading opportunities! After peaking at 69000 in 2021, although Bitcoin fell to over 15000, there were two bright rebounds in between: Bitcoin rose 46% from January to March 2022, Ethereum rose 65%, and SOL rose 77%; from June to August 2022, Bitcoin rose 42%, Ethereum rose 130%, and SOL rose 87%. Where there is volatility, there are opportunities, so there’s no need to lose heart.

On the 15-minute level, the current retracement is nearing its end; as long as it does not fall below 89500, the third rebound will be initiated, targeting above 95000. Ethereum is closely following Bitcoin's movements and is currently in the 1-hour rebound phase of a 4-hour rebound. After a 15-minute retracement, it is expected to challenge 3150, with the 4-hour rebound target at 3300-3400, and it may explore 2870 again later.

Finally, to summarize the trend: the weekly trend is downward, and a weekly level decline has begun (targeting 62000); the daily trend is downward, possibly declining again to wrap up; the 4-hour and 1-hour trends are upward, and a breakout above 95000 will facilitate the rebound; the 15-minute trend is upward, and holding above 89500 will allow the 1-hour rebound to advance smoothly. $BTC $ETH #美股2026预测