BTC:
Yesterday, Bitcoin quickly rebounded to around 94,000 after hitting a low of about 91,600; today, we will observe the situation of breaking through 94,000. If it cannot break through, we will continue to look at the consolidation range of 94,500-88,000;
ETH:
Yesterday, the expectation was to retrace to 1,700, and after reaching a low of 1,720, it bounced back to 1,970, which was in line with expectations; at the hourly level, if it rebounds and does not enter the range of 1,830-1,774, two selling signals will appear. Today, we continue to look for a pullback to 1,700;
Altcoins:
Altcoins retraced about 10% yesterday. The greater the market fluctuations, the higher the risk of losses. Currently, retail investors are still in a state of loss, and the recent rise is more of a recovery market. It is crucial to remain patient and not jump in randomly; if the timing is wrong, one will likely miss the recovery market. Fast can often mean slow.
Currently, the market still lacks sufficient funds, and the rotation is mainly as follows: blockchain games → Meme → AI, and so on. Recently, the pullback of Ethereum will inevitably lead to a decline in altcoins that have risen too much. Therefore, a prudent approach is to wait for Ethereum to complete its pullback before entering the market at the right time, which can avoid short-term risks while seizing the opportunity for the next market trend.