There is no need to comment too much on the BTC market. I remind you many times here that you should not trade in contracts. The current price fluctuations are large, and the risk of doing contracts is extremely high. The back-and-forth pinning will lead to huge risks for both long and short positions, so it is better not to touch it. Relatively speaking, the current support point of the big cake is in the 102000-98000 range, so you need to pay attention.

In terms of the trend of ETH and altcoins, the two cakes are now at a critical moment. Although the new high of the year has been broken, the subsequent momentum is insufficient and it has not been able to continue to rise directly.

Yesterday's daily level closing line showed an upper pin pattern, with a long upper lead. After today's opening, it has fallen. It is necessary to observe whether it will make up for yesterday's upper pin market.

As long as this upper pin market can be made up in the future, the first stage of the subsequent market can look to the historical high.

In other words, although the new high of the year has been broken, it is not the end. Why is the current price more critical?

Because the current trend of more than 4,000 points is in a double top position, it is normal to step back in a small stage. If yesterday's upward pin market can be repaired, this double top will be broken, thus opening up the upper space.

In this case, the altcoin market is expected to follow the rise, and the key lies in the overall strength of the altcoin's rise.

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