The intraday market performance is relatively weak, with Ethereum being precisely controlled, using wicks to wash out leverage, while $SOL , after a whole day of rising, has its volatility reverted back to its original position. In contrast, Bitcoin shows relatively strong performance. Although our long positions are currently experiencing some temporary losses, I have to admit that my choice of strong coins was correct.
The recent dip was actually a reasonable adjustment for profit-taking from long positions; a short-term pullback is very normal, so don't panic just because of a slight decline. It is expected that after the U.S. stock market opens tonight, the spot ETF will still maintain positive capital inflow. In the current market conditions, left-side trading appears to be more stable.
My operational direction remains firm, and I am still bullish tonight. The first target for the long position of #BTC is to break through the recent high of 123300, which is very likely to be reached.
