The main cryptocurrency has now broken through around 88400. In previous posts, I have continuously reminded everyone that Bitcoin faces significant resistance at 89000; if it can't go up, it will drop! It is currently in a high-level consolidation! Other altcoins are also consolidating sideways, too afraid to rise or break out. A significant reason for this is the fear of the main cryptocurrency falling back after a surge. The higher the main cryptocurrency goes, the greater the risk! Everyone must pay attention to the risks, reduce positions at highs, and short at highs! At this moment, do not blindly chase long positions!
There is always a risk of a sudden drop!
The above market analysis is for reference only and should not be used as the basis for investment decisions! I only hope everyone can profit from trading! Make steady profits!