$BTC was pressed down by 80,000 for a day. Although there has been a rebound, the magnitude is very limited, and there is obvious selling pressure above. 120,000 is still a resistance level for the rebound. But we can't short this time because the sentiment of retail bulls should be at its highest during the first rebound.
$ETH broke through 3100, the next target is 3300. The second coin might experience a one-sided upward trend this time, likely facing resistance around 3400-3500.
Regarding the knockoff aspect:
The knockoff has been mentioned for a few days now, and it’s time where choice is greater than effort. There should be an overall increase; it's just a matter of more or less. The rotation will gradually begin, and MEME should have already rotated out. The next step is the oversold VC coins.