From last night to this morning, established cryptocurrencies like LTC, BCH, EOS, FIL, etc., have begun to fluctuate, which gives me a sense of unease, feeling that the market may be brewing a significant adjustment.
Especially as Bitcoin (BTC) is currently consolidating, if it breaks through 100,000 and continues to rise by 3,000 to 5,000 dollars, the subsequent decline may not be too severe, with a maximum pullback of 3,000 to 4,000 dollars, after which there may be a recovery rebound.
Now it has been the fifth week since Bitcoin's new high; the trend in the first four weeks was relatively stable, but after the fifth week, one must pay attention to potential risks, especially the pullback pressure after Bitcoin's price breakthrough. Therefore, this week one should be particularly cautious of potential significant fluctuations, trying to avoid being affected by sudden downturns, and it would be best to proactively mitigate possible risks.
