The market rebound is unusual, and adjustments may come earlier

The rebound of Bitcoin today seems to be due to the Federal Reserve Chair stating that Bitcoin's competitor is gold, leading to market FOMO and a rise in sentiment, which triggered another wave

Bitcoin has hit the resistance level of 99000 twice without breaking through. If Bitcoin continues to consolidate at high levels, many altcoins may be dragged down, so be aware of the risk of adjustments

Today's decline in altcoins is likely due to many people selling altcoins to buy Bitcoin. If Bitcoin cannot maintain its high position and retraces, altcoins may very likely experience a waterfall decline.