$BTC The big coin has continued to decline for several days, but is currently performing quite well. After dropping to the previous high, it triggered a solid 4-hour bullish engulfing candle, indicating that the bulls have the intention to support it here;

Although the big coin hasn't moved much (highest point -9%), many altcoins have retraced significantly, including $ETH down -15% from its highest point; $XRP down -25% from its highest point. With no actual negative sentiment contributing to this, the only reason for the need to retrace is that it has risen too much. If a correction is necessary, it won't be a straight line. Many people are expecting a daily level hammer to appear, but it may not materialize in the current market conditions;

Next, we'll see if the bulls can continue to defend this position. #加密市场反弹 #美国加征关税