The market has improved somewhat; is it a rebound or a reversal? Today's volatility of Ethereum is quite significant, hovering around the 4380 position. Whether bullish or bearish, there is potential for profit. After breaking through the resistance near 4540, the upward momentum has slowed. Currently, support is around 4430, and resistance is around 4630.
Bitcoin has again dipped to around 108000, getting closer to our expectations. The support around 111000 has now turned into strong resistance, while we still look for strong support around 107000.
Overall, altcoins are showing signs of a stop in the downtrend and a rebound, especially SOL and its ecosystem which deserves more attention. JUP, JTO, RAY, PYTH, WIF, etc., are all related to SOL and involve various sectors.
The overall trend is currently in a state of fluctuation and adjustment. We may need another dip to possibly end this volatile market. Recently launched WLFI has made a lot of noise but little impact; don’t rush to get in. Perhaps the time to enter is when everyone is complaining.