The large cycle can oscillate and adjust in the range of 850,000 to 1,000,000.

#BTC #ETH

The previous text has emphasized that Bitcoin's market share is starting the last wave of rebound. If it doesn't fall back from the ATH, it means it's time for altcoins to strengthen. We can see that the rebound touched 60% and then began to retreat. Last night, it broke below 58, resulting in a new low.
This is the time to trade altcoins.
As mentioned earlier, if Bitcoin can't hold the daily line at 97600, it will continue to experience a daily-level correction. Moreover, 93 is also a point that has been emphasized several times as a good opportunity to go long. Last night, it came very close to 922, making this situation completely worth betting on long positions, with a very favorable risk-reward ratio.
Currently, we still need to watch above 97 for Bitcoin. If it can hold above for a few days, then this wave of daily-level correction will temporarily conclude. If it continues to make new lows, we need to pay attention to the support points at 90-85. The larger scale can also fluctuate back and forth in this range to wash out and accumulate positions. The market has been like this for the past couple of days, and in the short term, we see an optimistic outlook for altcoins.
For intra-day traders, there's no need to overthink the situation; just high sell and low buy will suffice. #比特币市场波动观察 #BTC走势分析 $ETH

$BTC