It has dropped again, and the difference from last time is that $BTC and $ETH have only dropped half of last week's decline. Altcoins have returned to the starting point, and some have even broken last week's low. I'm hesitant to speak up again!

I added two layers to my position the day before yesterday, and I was up 12 points yesterday, but now I've returned to the starting point. I previously mentioned that I wouldn't look at the sustainability after a new high, so I reduced three layers. I wanted to enter and make a swing trade the day before yesterday, hoping to exit closer to the previous high, but I was still greedy!

Bitcoin has a $9 billion sell order with a 6.9% pullback. Ethereum has a potential $1.1 billion sell order over the next few days, with a significant chance of testing $3500 again. A daily-level pullback is likely, and a violent surge in the short term is almost impossible. However, within 7-10 days, there will be a divergence on the daily chart that will push it to challenge the previous high again.

As for altcoins, they have actually retraced in the short term, and the support at the neckline is only about 4 points. For now, I won't sell my spot; I'll wait to see when it challenges the previous high again!