BTC is currently testing the key level of 110,000. If it can stabilize here, I believe those oversold altcoins are likely to experience a strong rebound, and this opportunity is worth paying close attention to.
However, if it fails to break through and falls back to the daily middle line or even the lower line, the market may need to consolidate for a while. I have already placed a small stop-loss short order near the daily line, preparing to seize this downward opportunity, holding patiently and seeing how much profit can be gained.