Bitcoin started to surge at 8 PM last night, reaching a peak of around 105,000 before being ruthlessly pushed down by bears. It then began to rally again, peaking at around 107,000 this morning at 8 AM, only to be pushed down again by the bears. Currently, it is hovering around 105,000.
The current battle between bulls and bears is very intense. Everyone knows that as long as Bitcoin reaches a new high, it will accelerate the rise of the overall market and also significantly boost altcoins. The market is currently waiting for this signal, with expectations for major movements this week. Once a new high is reached, market confidence will be restored, and the second half of the year will present real opportunities.
The current strategy is to lay low and accumulate some quality altcoins, meme coins, and AI-related assets if the price drops. Only buy the leaders and avoid the rest, while closely monitoring on-chain metrics to reduce P. Once market confidence is restored, various opportunities will arise.
