After the afternoon market impacted the previous high successfully, it has pulled back to test the lower support level, and subsequently moved upward again. Currently, there still seems to be an upward trend; the altcoin has moved upward synchronously with Bitcoin to a recent new high of 2490 before pulling back, and currently, Bitcoin is moving upward.
On the four-hour chart, bullish volume is still not significantly reduced, and the price has been running for a long time around the upper band, accompanied by a prior pullback. The KDJ three-line upward trend has slowed down, and the overall momentum of the altcoin is slightly weakened. However, the short-term lower support level of 102000 remains relatively strong; if it cannot break effectively on the pullback, the overall altcoin is still hard to damage, but once it breaks, it will be difficult to show strong continuation.
On the hourly chart, the technical indicators are downward, with strong short-term downward pressure, leading to frequent jump points currently. Short-term operations require decisive actions.
In the evening, consider buying Bitcoin around 102500, aiming for 104500; for the altcoin, consider buying around 2300, aiming for 2500.
