The trend of Bitcoin is very healthy. After experiencing high fluctuations after rising, it has shown a relatively significant low supply trend in the past few days. This situation is a healthy adjustment after rising.
The market trading volume was low during the two days of the weekend. Now that M shares have opened, we can observe whether we can confirm that the market is in a low supply state.
From a large-scale perspective, it is still in a relay form, and it is still a high probability that the market outlook will hit $100,000, so everyone can continue to be patient and patient.
Ether is a linked market, and it still needs to test the bottom of the exchange rate. It is not yet certain that it is the bottom form, so we still have to be patient.
In terms of altcoins, established altcoins such as XRP, ADA, ETC, and LTC have begun to rise and strengthen in the past few days, and the atmosphere of the altcoin season has begun to become stronger.
As Bitcoin rises, the altcoin market will continue to strengthen in tandem.
When Bitcoin reaches new heights and encounters resistance, a general rise in altcoin prices will begin, and Bitcoin's market capitalization ratio will officially enter a downward channel.
The public account of the hotel: Bi Lao said, don’t waste the best skirt.
For altcoins, we still have to be patient. After all, the bull market is still in the relay stage, and we have to continue to hibernate and wait patiently.
Market Data: The Fear-Greed Index is at 83.
