Key Support/Resistance Levels Defined: The current BTC market share is at 61.47%, close to a key level. Price Trend Prediction: Based on the current price action, it is expected to return to the green zone (upper resistance).

⚠️ Trading Warning for Altcoins

Be Cautious with Short Positions on Altcoins: With an increase in BTC.D, Altcoins may face significant downside risk. Market sentiment significantly affects Altcoins; if BTC's share increases, many Altcoins may be squeezed.

🎯 Operational Strategy Suggestions

Monitor Support and Resistance: Pay attention to the support and resistance between 61% and 63%, and make appropriate entries and stop-losses. Adjust Altcoin holdings: If holding Altcoins, it is advisable to reduce positions in a timely manner to avoid risk. Watch for Market Changes: If BTC.D breaks above resistance, it is advisable to remain cautious and decide whether to increase or decrease positions.

🔮 Precautions

Stay cautious; market fluctuations can happen at any time, ensure risk control measures are in place. Continue to monitor BTC's direction, as this will directly affect the entire market.

#BTC #MarketAnalysis #Cryptocurrency #RiskControl

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