Uncertainty envelops the cryptocurrency sphere! How to capture the main rising wave after high-quality altcoins experience 'violent washout'?
BTC is currently in a pullback at the 110,000 position and has been supported in the range of 106,000-108,000 as a defensive phase. Yesterday, the daily candle closed as a solid bearish candle, and it did not directly break below the 106,000 level. However, based on the current four-hour level, it still hopes to break directly below this position.
On the intraday level, resistance points can be focused on the 109,000-109,500 range, while the first line of support below is the 106,000 level. If it breaks below this and shows a significant drop on the intraday level, we can look at the 103,500-104,500 range for a potential small-level intraday rebound. If there is a slight break below the 106,000 level intraday, focus on the 104,500-105,000 range, and it won’t give you a ten-thousand-point waterfall in a single day.
Recently, Bitcoin has been receiving frequent positive news, but the price has yet to reach new highs, and it may face adjustment pressure in the short term. Among these factors, James's position movements have become a key variable - if his position has not been liquidated or he has not chosen to exit anonymously, it may be difficult for the main funds to initiate a significant rally.
However, short-term adjustments will not change the long-term trend: if we extend the timeline to the third and fourth quarters, Bitcoin's upward trend may just be starting. Of course, this process may be full of twists and turns, with Trump's policy statements remaining a major source of uncertainty.
In terms of altcoins, we can focus on: DEGO TON B
Currently, these three altcoins have already been acquired.
