The current price is approximately 96,300. From the chart, it is clear that: - Major structure: Bullish trend remains intact - The bottom has been breaking upward from 90k to 98k - Currently pulling back from the 98k high
Conclusion: The 1-hour timeframe still shows a bullish correction, not a trend reversal.
2. 15-Minute Current State (Execution Cycle) The 15-minute chart is now in: - A correction after a high-level rally - Fluctuating between 95,800 and 96,500 This is a consolidation after a bullish pullback, not a downtrend. There are two possible scenarios: 1. Continue upward after the pullback to reach 98k 2. Break below 95,500, then probe to 94,800 before making a decision
3. Practical Trading Plan (Key Points) Plan 1: Buy on pullback (main plan, trend-following) In the 95,600 to 95,900 zone: - Look for 15-minute signals of stabilization or small upward movement
Plan 2: Short on breakdown (defensive) Condition: If the 15-minute chart effectively breaks below 95,200 and the rebound fails to recover
Current Optimal Strategy Summary: - Major cycle: Bullish trend - Minor cycle: Wait for pullback completion signals before going long
Recommendations: - Do not chase orders around 96,000 - Wait for confirmation of pullback or breakdown to go short
One-sentence Strategy: Waiting for bullish signals in the 95.6 to 95.9 range to go long is the best approach; switch to short after breaking below 95.2.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
1. 1-Hour Level Structure Analysis (Direction Setting)
The current price is approximately 96,300. From the chart, it is clear that:
- Major structure: Bullish trend remains intact
- The bottom has been breaking upward from 90k to 98k
- Currently pulling back from the 98k high
Conclusion:
The 1-hour timeframe still shows a bullish correction, not a trend reversal.
2. 15-Minute Current State (Execution Cycle)
The 15-minute chart is now in:
- A correction after a high-level rally
- Fluctuating between 95,800 and 96,500
This is a consolidation after a bullish pullback, not a downtrend. There are two possible scenarios:
1. Continue upward after the pullback to reach 98k
2. Break below 95,500, then probe to 94,800 before making a decision
3. Practical Trading Plan (Key Points)
Plan 1: Buy on pullback (main plan, trend-following)
In the 95,600 to 95,900 zone:
- Look for 15-minute signals of stabilization or small upward movement
Plan 2: Short on breakdown (defensive)
Condition: If the 15-minute chart effectively breaks below 95,200 and the rebound fails to recover
Current Optimal Strategy Summary:
- Major cycle: Bullish trend
- Minor cycle: Wait for pullback completion signals before going long
Recommendations:
- Do not chase orders around 96,000
- Wait for confirmation of pullback or breakdown to go short
One-sentence Strategy:
Waiting for bullish signals in the 95.6 to 95.9 range to go long is the best approach; switch to short after breaking below 95.2.