#Origa商学院
Currently, this coin is still in a downtrend, having broken through the first support level of 215.3 and quickly testing the bottom around 211. Since Bitcoin stabilized at 100,000, other altcoins have been struggling, creating a stark contrast.
Looking at the 4-hour chart, the last candle showed a lower shadow, and another is also in a downtrend.
Now, the cryptocurrency market has also attracted a group of retail investors, and they must be thinking about shorting upon seeing this situation. The big players can only push Bitcoin while leaving altcoins behind. They understand that retail investors are currently just waiting to see who will be the first to exit. The current market situation is basically that Bitcoin is stagnant while altcoins decline. Once enough chips are amassed, Bitcoin will drop, and altcoins will follow with a decline, after which Bitcoin will lead the altcoins to break out upwards.