BTC is still relatively weak. Although there was no continuous decline today, the strength of the intraday rebound is really small and also weak. ETH is slightly better, pulling up more than 100 points directly from the support area. Currently, ETH is focusing again on the 4600 level. If this wave stabilizes at 4600 again, the subsequent market could push higher. Then it depends on whether this push reaches a new high or directly exceeds 5000. If 4600 stabilizes, first watch the range between 4800-5000. So the key now is to see if the 4600 level can break and stabilize again. Currently, it has reached the 4500-4600 range and immediately bounced back, with spikes both up and down.

The weakness of BTC is also a sign of selling off, similar to the previous situation where the strong BTC and weak altcoins followed the same logic. The main point is that the weakness of BTC has also led to a decrease in market liquidity, resulting in altcoins showing small increases but also small declines. Even if they rise for a few days, they quickly fall back to their original positions. Recently, only OKB showed a wave of performance, peaking at 260 and now it has almost halved. For BTC, we should first pay attention to the line around 112. After stabilizing, we can focus on the 115-116 range.