📊 Cryptocurrency Market
BTC
As mentioned before, there is currently a four-hour level pullback demand, and the bottom phase is basically completed.
Short-term support: 117,250
Mid-term support: 118,000
Currently still in the rising channel, consider positioning on dips.
ETH
Has entered the key support zone: 4,363
The trend structure is good, still in the phase of taking positions.
The short-term market operation method is still slow rising and rapid falling, but the overall structure has not been damaged.
Market pattern
BTC's market capitalization ratio continues to decline, indicating that funds are gradually flowing back to mainstream coins and altcoins.
Top ten star coins like ETH, ADA, BNB, etc., have already shown independent market trends and have experienced a catch-up effect.