1. BTC has gone from stagnating to 124,000. Then it dropped below 114,000. Those playing with Bitcoin should withdraw; wait for a larger level pullback to find a buying point before getting back in. This waiting period will take at least 3-5 months, and the subsequent trend will be very slow. (Suitable for large funds playing in a large cycle)

2. Focus on the 3980 position for Ethereum. If it doesn't break the 3800 position, a bottom will form.

Results will come out in the next few days.

3. Other altcoins need to wait for Ethereum to rebound before they can follow suit.

4. At the same time, the funds flowing out of Ethereum will enter Solana. The reasonable buying price for Solana is around 170.