I think it is necessary to remind everyone here.

Because I personally trade both bullish and bearish trends, I rationally looked at the market from a bearish perspective this afternoon. Many altcoins that have recently performed well have already shown signs of a 【weekly bearish trend】. The funds in these altcoins often run away early.

If the upcoming $BTC and $ETH directly break through the previously mentioned support levels for a pullback, then bottom fishing and adding positions should be approached with caution. It’s better to be patient and wait for a stabilization on the right side.

This kind of decline is a relatively clear and straightforward signal. The most torturous situation is that after dropping to these support levels, there is a rebound, leading people to believe that the pullback has ended, as if a new upward trend is beginning. The result is a large-scale decline followed by a rebound, and then continuing to drop. Similar to the step-like decline from January to April 2025.

This time, the extent of the decline and adjustment period may not be as long, but once the pattern is damaged after touching the bottom on the left side, it will be continuously affected. So it is better to be cautious and wait for stabilization on the right side.

As for how the market will ultimately move next, I cannot be completely certain at the moment. Personally, I have found some altcoins that are showing a weekly bearish trend and have continued to open short positions.

The above is for reference.