$BTC broke through, broke through, broke through
Brothers and sisters, Bitcoin faked a breakthrough yesterday at 105,000, peaked at 107,000, then started to pull back, hitting a low of 102,000 and stabilizing.
In the evening, it slowly pulled back up. The current 4-hour trend looks relatively healthy and can be considered an effective breakthrough pattern.
Just now, the daily closing price was at 105,530. This is after 12 days of consolidation since the 8th, choosing to break through, especially after yesterday's sharp drop and then pulling back again, it’s clear that there’s significant capital supporting the bulls, not wanting the price to go below 100,000, completely not giving others a chance to get in.
So we will go with the trend and not act against it.
Today's Bitcoin rebound target is 108,000; it should break through yesterday's high. Other coins will also rise accordingly. Many coins have already reached their retracement levels; you can gradually position yourself in the spot market. Let me recommend a few coins with strong support levels!
XRP can be focused on, as it has recently shown favorable patterns and has a relatively large market cap, making it easier to enter.
BNB has always been reminded for positioning; it is the most stable and value-preserving coin.
ETH has spiked to 2300, which should be considered stabilized. The lower level of 2400 shows continuous decline without breaking, and there are signs of stabilization and recovery that need attention.
The DeFi sector series also needs attention, including LINK, ENA, LDO, NEAR, UNI, SNX, ARB, etc.; you can choose 1-2 for positioning in the spot market.