During the day, there was consolidation. The direction for Bitcoin and Ethereum is likely to emerge in the evening. It's possible that the directions for both could even be opposite. However, regardless of the path taken, what goes up will also come down to consolidate, and what goes down is also for the purpose of consolidating the gains from the past two weeks.
There are obvious signs of rotation among altcoins, all leveraging various news to make a move. It’s still uncertain whether they will stay in place or drop down. Currently, it’s mostly about looking for coins that are still hovering at low levels. After filtering out the reliability of the coins themselves, the remaining options can be accumulated while waiting.
Last night, OM moved, and we will need to observe its further actions. In fact, the inscriptions have been gradually rising over the past few days, which is worth keeping an eye on.
Then there’s LA. I feel it has a chance to move, but it’s hard to say whether it will drop to a new low due to the market correction or rebound upwards. From what I see, if it does go up, it will either be very narrow (around 0.4) or it will quickly rise to single digits. However, I haven't thought too much about it. I've set a stop-loss and opened a contract to see how it goes. The market has been good these past couple of days, and I'm feeling a bit loose with my hands. I've prepared a bit more for stop-losses and plan to look for opportunities to reduce some positions in the evening.