Bitcoin and Ethereum lead the altcoin pullback
Will the new week mark the beginning of a waterfall?
The most noteworthy event this week is the news about Microsoft's vote to purchase BTC, and I personally believe the likelihood of this happening is very high. Therefore, the market may not adjust for too long. After all, this is the world's fourth largest company purchasing the world's seventh largest cryptocurrency.
This evening, attention should be paid to BTC's support at $94,500; if it falls below this, it may test the $91,000 area again. But overall, the situation is not too concerning.
After several days of rebound, some altcoins that were reluctant to pull back have finally been suppressed.
