Market Update Today – Beware of Further BTC Movement!

Content:

Today Bitcoin (BTC) is still moving in a narrow range around $66,000 - $67,000. BTC dominance has started to weaken slightly, giving room for some altcoins to shine.

$SOL and $AVAX have recorded increases of 4-6% each in the last 24 hours. This could be an early indication that investors are starting to look for opportunities outside of BTC.

However, it's important to remember that the current movement is still in a consolidation phase. Trading volume hasn't been significant, so the possibility of a breakout or fakeout is still very open.

For those of you who are swing trading, it's important to:

Set entry and exit points with discipline

Don't forget to set a stop loss

Don't FOMO just because of one or two green candles

Personal opinion: I am still wait and see for a big position, while monitoring the main support zone for BTC at $64,500 and resistance at $68,200.

What are your strategies today? Share in the comments!