$BTC

Bitcoin is closing the rebound target with us, and interestingly, it is even trying to consolidate above.

But so far, there is no confirmation of the consolidation, and I am troubled by the extremely strong overbought condition.

Therefore, we can now easily expect some sort of price 'reset' to cool down the fervor of futures players.

If this consolidation turns out to be true, we may see a possible rise up to 120,000, but for now, I am leaning more towards some sort of correction.

As for altcoins, we haven't even broken the daily level of dominance yet, but some altcoins have shown strong rebounds $BSW

Here I wrote about the coins that were interesting to me $LPT , on which we saw a good and, importantly, quite healthy growth.

I would still look for a continuation of the upward movement, but possibly with a pullback to relieve the market and cut off the excess leverage of unnecessary passengers.

It would be ideal to see a decrease in dominance and an increase in 'heavy' assets a little later.

For now, they are essentially throwing coins that have no one in them, the order books are thin, and the price can be pumped with amounts starting from $200,000, which they are taking advantage of.

Don’t rush into trades and don’t jump into places where the price has already soared.

The market will always give you the opportunity to buy.

Wishing everyone a good day 🤝