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Today Bitcoin has dropped to 106,000 again, just as mentioned in the community this morning. The market briefly corrected and rebounded. The support and resistance levels are 106,800-109,300. The general expectation for Bitcoin is around 110,000, which marks the end of the main upward wave. The price may still vary somewhat, but the difference shouldn't be significant. Bitcoin remains stable above 100,000, and altcoins still have potential, but we can only look for a few leading ones. Most have poor elasticity. It depends on whether Bitcoin's funds can flow back into altcoins. In the medium term, we see high potential; in the short term, we do not see a downturn.
Be cautious with some recent small stop-losses; contracts are settled on the same day.
Spot trading often has insufficient expectations; a small rise doesn't reach the target, and then it follows the market adjustment...
$BTC

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