Which coins should we focus on from a technical perspective now?

1. First, confirm the level and rhythm of the current pullback. Usually, the boundary is the MA20 moving average of the current cycle; an effective breakdown would count as a formal pullback at this level. From this perspective, the majority of altcoin movements can be considered as confirming a daily level pullback.

2. Classification of the downward rhythm. Coins like $ACT and $PNUT with a very smooth downward rhythm are obviously not within the expectation of bottom fishing. If a right-side price structure is observed before the drop, for example, $virtual, where the left side showed performance at the expected support point, then the rebound at critical positions will be relatively quick.

3. The most important thing is to predict the movement of Bitcoin. As long as Bitcoin does not confirm a rebound, all altcoins will be suppressed. According to the previous expectation of Bitcoin's pullback below the daily level, as long as there is a recovery action confirming a rebound, one can boldly bottom fish some altcoins.

4. Actions after bottom fishing. Once Bitcoin confirms a daily level pullback, the likelihood of another daily level increase in the short term is relatively low, so the expectation would be a wave of 1-4 hour level rebound.