Recently, the price of Bitcoin has shown strong signs of recovery. Although orders were not accepted at the low of 59,800, the price rebounded in line with the expected head and shoulders bottom pattern. In the next period of time, Bitcoin may fluctuate in the range of 600 to 650. The 4-hour MACD has turned positive, and it may continue to try to break through 650 in the short term.
Ethereum followed Bitcoin's strong rebound. Although it did not reach the expected 3150, the overall trend still showed upward potential, and continued to wait and see.
For altcoins, the overall situation is still in the bottom oscillation period. The best strategy in the near future is not to operate and remain patient. In particular, WLD and ARKM have shown good rebound momentum today, and it is recommended to continue to hold. At this stage, patience may be the biggest challenge facing the market, but it is also the key to success. #BTC
