Overall, the rebound over the past two days has been more focused on short squeezes and news stimuli.
$BTC surged to the 110,000 mark last night but ultimately did not break through; the daily chart can still be viewed as oscillating within the 100,000-110,000 range.
Today, there is also $3 billion worth of Bitcoin options expiring, with the maximum pain point at 106,000, and the damn liquidity in the Asian market.
$ETH is relatively lagging behind the pace of Bitcoin, and the daily chart is still viewed as oscillating in the 2380-2730 range, having experienced a false breakdown to the downside (the lowest point being 2111).
Once the rebound reached near 2630, it did not provide any higher shorting opportunities.
Altcoins... Actually, apart from the trades this morning, the overall rhythm has been quite good these days.
I just started switching to long yesterday, and today I took a hit. The biggest problem with altcoins is the lack of liquidity, coupled with the fact that I automatically filter out tokens that have already surged and plummeted in the short term. So I have been maintaining a cautious development stance.
Sometimes retracements are like this, reminiscent of how a business you've painstakingly built over decades gets targeted by a group of capitalists, constantly being manipulated.
Disgusting.
I'm going to take a shower to wash away the dirty thoughts of longing for altcoins in my mind.