Yesterday's monthly line closed with a small positive candle. According to conventional trends, after the opening line this month, we should first look for a pullback, with a focus on the extent of the decline.
ETH has shown relatively strong performance recently, but this is mainly due to catch-up demand and has not formed an effective breakthrough— it has not even stabilized above the 2520 resistance, appearing to rise while actually maintaining volatility. If there were indeed catch-up momentum, it should have already surged above the 2600 mark.
Currently, BTC has shown signs of decline on the four-hour and daily levels, and right-side trading indicates a confirmed high point. If it falls below 106000 again, ETH will follow suit in the ensuing sell-off.
Regarding altcoins, although there has been a recent rebound, the underlying risk of insufficient market liquidity remains— if BTC experiences even a slight pullback, altcoins will give back all their gains, confirming the current market's fragility. $BTC #Strategy增持比特币