Bitcoin started to surge at 8 PM last night, peaking around 105,000 before being ruthlessly brought down by the bears. It then began to rally again and reached a high of around 107,000 at 8 AM this morning, only to be knocked down by the bears again. Currently, it is hovering around 105,000.
The battle between bulls and bears is very intense right now. Everyone knows that as long as Bitcoin hits a new high, it will accelerate the rise of the overall market, and also lead to a significant increase in altcoins. The market is currently waiting for this signal, and it is expected that there will be major movements this week. Once a new high is reached, market confidence will be restored, and the second half of the year will present real opportunities.
The current strategy is to prepare to buy some quality altcoins, meme coins, and AI projects if there is a drop, only buying the leaders and avoiding the rest. At the same time, keep a close eye on the on-chain activities while reducing P. Once market confidence is restored, various opportunities will emerge.
