After the big pancake touched 80600 at the low point a few days ago, it has been three days of rebound at the daily level. The four-hour rhythm is still quite good. The main reason for this wave of increase is mainly to avoid the linkage with the U.S. stock market opening. The market has rebounded from the bottom, and the current high point has rebounded to 88000. In the short term, the rebound from the bottom is basically at this position. To continue to push above 93000, it still needs favorable news or real capital inflows to drive the next phase of the rebound. I believe the market needs to pull back to the range of 83000-84000 to truly have a significant rebound. The short-term rebound and decline are more due to the clearing of leverage, so be cautious with leverage when bottom-fishing. If there is a chance to pull back, you could start considering building positions in batches. If it goes up directly without a pullback, I do not recommend chasing highs; continue to wait for opportunities.
The main force exploded five times some time ago, and now, with the market's continuous adjustment, it has fallen below 100. In the short term, this is an opportunity to enter. The BN dual holy milk has passed, and low market cap MEME can yield good results if built around 100.
Ethereum's performance today is stronger than Bitcoin, but it hasn't established an independent market trend. The resistance at 2850 has been broken multiple times but shows a pullback, indicating the market is still cautious about the bulls. Focus on buying around the pullback at 2700, continue to watch, and don't rush to enter.
We've achieved good results with Zec three times already. Currently, the enthusiasm for privacy coins hasn't decreased, and the profit effect of Zec remains strong. This round is very likely to break 1000, and you can start building positions in batches from 520.
On-chain BN has risen significantly during the recent market correction. Recently, due to unlocking reasons, the entire decentralized exchange sector and platform tokens have seen a chain reaction of declines. With CZ's backing and continued buying, around 1.1 is a good point to build positions in batches.
