$BTC Week① The main coin started strong, rising sharply to the upper Bollinger band of the weekly chart, but after failing to break through, it experienced a significant pullback. After the pullback, market sentiment turned negative, and subsequently, funds flowed into the secondary coin and altcoins. The outflow of funds was simply because the position was too high, and there were no buyers left. The main players have fled to the secondary coin, indicating that the main coin has tasted success and is now starting to venture into other types, with clear intentions. The more it is like this, the more careful one must be; when the main sell-off occurs, it won’t give many chances. This market has never been kind-hearted, so it’s better to be cautious recently as the market environment is not very good. Even if you miss out, it’s not a big deal.

In terms of movement, there has been a divergence in the four-hour chart between the main coin and the secondary coin; the main coin is unable to rise, while the secondary coin keeps climbing. The lower low of the main coin has not been broken, and the upper high has also not been broken, indicating a corrective structure. Meanwhile, funds have been continuously flowing out, showing some weakness. However, the outflow is not external but rather from the secondary coin and altcoins, which means there could be a potential return flow, something that must be considered. Therefore, while monitoring the high level, also pay close attention to market trends.

In the afternoon, watch for fluctuations around 118700 to 119100, keeping an eye on 116200 unchanged. $BTC $ETH