A major shift in the crypto market tonight! Bitcoin and Ethereum market analysis! Buy the dip in altcoins and heavily invest in 3 coins?
Last night's Microsoft shareholders' meeting did not pass, impacting Bitcoin's price to spike near 94500 again, but the morning closing price was still above the 96000 range, currently oscillating slightly within the ranges of 96000-97300-98300. The trend has not yet completed; it’s merely a small cycle adjustment, so there’s no need for panic. Especially in such a situation last night, no one dared to buy the dip; I, for one, did. My logic is that if there is no effective breakdown below my fluctuation range, I would dare to enter when it goes down. If it's a short-term rebound in the upper range, then I'll reduce my position. If it breaks and stabilizes on the right side, that's a point to add to my position.
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