The bottom of this wave of Bitcoin is estimated to be in the range of 114000-113000. Of course, we still need to refer to the 4-hour level bottom signal. Last night it lured a wave of longs, but when it hit the resistance level, it dropped again. Our VIP group entered a short position at 116700, which was quite precise. The bottom of Ethereum is estimated to be in the range of 4160-4070. This time, after the adjustment, it is highly likely to break through the historical high. At that time, a small number of quality altcoins could have a 3-5 times increase or even higher. The specific coins will be shared by Long Ge in the internal group.

Although Long Ge only deals with mainstream coins, I think it is still necessary to allocate a small portion of funds to quality altcoins after Ethereum breaks through its historical high. Why? Because Bitcoin and Ethereum won't have much room to go up anymore. Of course, after altcoins have gained a few times, they still need to be exchanged back for Bitcoin or go into cash. Based on Long Ge's 10 years of experience, I can tell you that only Bitcoin will continue to break new highs, and 99.9% of altcoins won't survive the next bull market and will end up at zero.