The daily line has three consecutive bearish candles, and the price has ultimately fallen. The current price has dropped to near the daily MA120 line, where there is support, so there will be a rebound at the hourly level, but it will not be a direct V-shaped reversal. The daily level will continue to fluctuate, with the 3-day EMA52 (106900) nearby being strong support. If it drops to this level, you can boldly enter the market, as there will be a fairly good rebound at the daily level.
Currently, the rebound on the 2-day line has shown a top divergence and downward trend. A new 2-day line starts today. As long as the closing line the day after tomorrow returns above the 2-day EMA52, there will be another wave of 2-day line rebound.
It is certain that the bull market is still ongoing; a bull market does not just rise without looking back. There are ups and downs along the way. Large-cap altcoins can still be bought in batches, so make good decisions.
Daily level resistance at 112600-12600-120000-125000, support at 107000-99400-93500
