Yesterday, BTC continued to consolidate, and in the early hours, it fell significantly due to fundamental factors. It broke through the support range on the 4-hour chart, and the daily level still needs to be repaired. The short cycle still requires adjustment, and the expectation for the day is to maintain an anticipated oversold rebound, waiting for the market to unfold.
Altcoins followed BTC and fell in sync, with the 4-hour trend dropping to the lower edge of the consolidation range. The daily chart still needs adjustment, and the focus for the day is on the breakthrough situation at the 2500 resistance level. Altcoins are also falling in sync with the mainstream, and market sentiment remains low. The altcoin index has once again pulled back to a low level, waiting for the mainstream market to unfold, with attention on meme coins and ETH-related tokens.
