The big coin's sharp drop in the early morning likely caused many to stumble. 200,000 people were liquidated; I've been reminding everyone recently to incorporate losses into their contracts. This drop was indeed quite fierce, but based on the current price, it's only a drop of about a dozen points, which is still acceptable. The big coin has now dropped to the support level of 90,000. To be honest, there isn’t much to watch with the big coin now, and altcoins are not following its lead either. The second coin has also dropped to the support level of 3,650. At this stage, we shouldn't keep our eyes glued to the big coin; let's not allow its movements to affect our judgment. Currently, altcoins are rising in rotation; when the big coin drops, altcoins rise, and when the big coin rises, altcoins actually struggle.
Today's Highlights:
The big coin fell to a minimum of 90,000 in the early morning, exactly as I mentioned regarding the support level. After breaking through 100,000 yesterday, today’s movement clearly indicates a harvesting rhythm. The big coin is currently very volatile and risky, so don’t easily engage in contracts. From a four-hour perspective, there is resistance around 99,000; on a daily level, the 94,000-95,000 range is support, but the more critical support is still in the 88,000-92,000 range.
As for the second coin, it also followed the big coin down to 3,650 in the early morning, which happens to be the daily support level. It might rebound now; it has already broken through 3,800. Let's see when it can break this year's high and continue to strengthen. On a daily level, the second coin has rebounded at the support level, so we can raise the support level a bit, and the subsequent support can be focused on 3,780-3,820. The resistance above should first be looked at around 3,950.
In summary, when trading, everyone must manage their risks well.