BTC surged and then fell back, altcoins have not broken their previous highs, reflecting insufficient market funds, and it still belongs to an independent BTC market.
If BTC enters a sideways consolidation, some altcoins may experience a rebound. At this time, it is not advisable to aggressively short; prioritizing dip buying is preferred.
However, the current risk of chasing long positions at high BTC levels is significant. In the short term, one can try light short positions or temporarily observe. From a technical perspective, after a volume contraction and pullback, BTC may continue to oscillate at high levels.
We need to be cautious of liquidity bottlenecks before the Federal Reserve's interest rate cut expectations materialize; excessive upward movement at this stage may weaken future potential.
I will announce specific layout strategies internally.
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