After the closing of Bitcoin at 8 AM, the price found support around 93,000 and broke through the short-term downward trend line. The current price is stable around 93,000, forming a new trend line and creating a large triangle pattern. Overall, Bitcoin still maintains a fluctuating trend.
Ethereum broke through the trend line resistance around 3,660 in the morning session, and after stabilizing, the upward space has opened up, with the potential for further increases in the short term.
It seems that the market shows signs of stabilizing, which will bring opportunities for many altcoins. It is expected that the fluctuation of altcoins will gradually increase, possibly moving higher.
