1. Bitcoin Trend Analysis
Bitcoin has recently successfully reached a new high, but it is worth noting that the pace of this round of increase has shown significant signs of slowing compared to the past. The current supply and demand relationship in the market is gradually moving towards a balanced state.
2. Ethereum Trend Assessment
The trend of Ethereum shows a correlation with Bitcoin, and its exchange rate is testing the right-side support.
If the bottom can be successfully constructed, it is expected that a rebound may follow, and there is a possibility of breaking through the pressure level of 0.04.
3. Overview of Altcoin Conditions
Altcoins are interlinked; however, the funding aspect has not yet regained vitality, with only some localized opportunities appearing. Overall, we still need to wait for speculative sentiment to warm up again.
At this stage, most altcoins remain in the price bottom area, and the so-called "crazy altcoin season" has yet to arrive. Investors need to maintain sufficient patience to wait for the right opportunity.