The performance of altcoins is often closely related to the trend of Bitcoin, especially when the overall market does not experience a one-sided decline. Even if the market remains in a sideways consolidation, altcoins may experience a correlated rise, similar to the situation in the past few weeks when many altcoins also rose while Bitcoin was consolidating.

Currently, I am paying attention to the daily K-line of Bitcoin in the $91,200 area for a pullback. If this area can form an effective green K-line, it will be a potential rebound signal, indicating that the market may strengthen again, which is a positive indicator for the overall upward trend.

However, if Bitcoin breaks below this key support area, then caution is needed in the short term to avoid risk accumulation, as a significant drop in Bitcoin would also make it difficult for other currencies in the market to rebound independently. #币安Alpha公布第5批项目