Ethereum's weakness continues to persist, while Bitcoin's market capitalization share is rising, presenting a trend of sucking blood and moving independently. This is precisely the reason for the short-term profit-taking after reaching a high position, leading to a reluctance to enter the market hastily. In the short term, Bitcoin must break through 109,000-110,000 (the upper track of the daily channel in Figure 1) for Ethereum to hope to break through the resistance at 2,480 and drive altcoins to continue their rebound. Currently, there are no signs of strengthening, so do not blindly chase higher prices; it is better to remain still for now. If there is an opportunity to enter during the day, I will notify you in a timely manner.
