This morning, the market experienced a slight rebound after the more than 2% drop of BTC yesterday.
Many top coins like ETH, XRP, and SOL decreased by 3%, while DOGE dropped nearly 5%. In contrast, some coins from the Binance Alpha list Futures unexpectedly surged strongly, notably BR (up 60%), H (up 38%), and FUN (up 24%).
BTC.D is still in a sideways range, so in the short term over the next few days, most Altcoins may not be able to surge, and may even decline sharply if BTC continues to adjust.
The range of 110k - 112k is currently a strong resistance area for BTC, and the market is still lacking momentum and stronger cash flow to break through this level.
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