Yesterday, Bitcoin fluctuated near the 5-day moving average, just as expected. As the time for a change approaches, the volatility is decreasing, and the daily line has fallen below the 30-day moving average for the first time in nearly two months, indicating a short-term weakness for Bitcoin. However, weakness does not mean entering a bear market; it is just a position to repair the K-line and wash out profits, and it is expected to continue consolidating in the near term.

Ethereum was pressed down after touching the 200-day moving average (the bull-bear dividing line) for the fourth time yesterday. After multiple attempts, the 200-day moving average is no longer considered a resistance level. As mentioned yesterday, Ethereum may rise above 3000 before the 12th.

For altcoins, there have been profit opportunities recently in the DeFi sector and the Alpha sector, so it can be held. Yesterday, Comp had trial trading actions, and it can be built up when it falls back to around 42; continue to hold onto Ca in the Alpha sector and wait for it to rise.