$BTC broke out to a new high of 93905 early in the morning, quickly dropping after the triangular volatility broke upwards. This position is very likely to follow the second scenario I mentioned, making a new high after inducing bulls to enter and then dropping.
In the short term, there are small supports at 91400 and 90500. When it rose early in the morning, most altcoins did not follow the increase, with only a few strong ones rising together.
Personally, I think there is no need for large funds to engage in the tail-end market. With $BTC rising and altcoins falling, now is the time to buy $BTC; the price is too high, just a step away from 100,000. Buying altcoins is not advisable as they continue to decline, not following the market's rise. Even if they rise, they quickly drop back, creating a difficult situation.
Currently, just focus on the stronger coins to make some trades.