Currently, Bitcoin is in a high-level adjustment phase,
large holders are frequently positioning long and short positions, and the market is entering a consolidation period.
In the short term, there may be risks of false breakouts and sharp declines, and contract players need to be especially cautious.
At this stage, it is recommended to observe more and act less, waiting for the market to establish a clear direction.
Small coins like VIRTUAL, AIXBT, TAIKO, WLD, etc. have short rally cycles, and later tend to be in sideways fluctuations or corrections, which tests patience extremely. The overall market has not yet started, and the common rhythm of rising for a day and falling for a week is exhausting.
However, the positive signal is that Bitcoin and Ethereum are still slowly rising. Once these two major coins stabilize, the altcoin sector may welcome a true flourishing of various tokens.
