Today's Review Summary;

Recently, the overall trend of the market has been declining, with Bitcoin dropping to around $104,500 and Ethereum to a low of $2,550. Other altcoins have generally seen a drop of about 10% to 15%, with some smaller altcoins experiencing declines of over 20%.

From the current market trend, the smaller timeframes still show a bearish trend. The direction of the larger cycle has not changed yet. Currently, the important support range for Bitcoin is at $104,500. As long as this level is not broken, Ethereum will correspondingly hold at $2,550.

Other top 10 market cap coins like Solana, Dogecoin, and ADA have basically dropped to important range positions. Partners who did not make early allocations in spot positions can start accumulating in batches around this range, which could reach about 50% of their positions.

Priority should be given to acquiring in spot positions, and caution should be exercised in bottom fishing with leverage contracts. In the next couple of days, there will be the weekend and the Dragon Boat Festival coming up soon. I wish my brothers and sisters a healthy Dragon Boat Festival in advance.