Bitcoin is down, altcoins are broadly lower, and the market appears to be undergoing a major correction. Is this a crisis or an opportunity? Let’s take a look.

From a technical point of view, this correction does not seem to be a short-term violent fluctuation, but a real adjustment in the market. For ordinary investors, they need to be cautious when buying bottoms and avoid investing large amounts of money at one time. Instead, they should gradually build positions to reduce risks.

Currently, the market's short-term support levels are at 620 and 60, while short-term resistance levels are at 650, 640 and 679. In terms of altcoins, currencies such as sol, pepe, bome and doge have experienced significant declines.

However, we must also realize that the market is always changing and opportunities and risks coexist. In a bull market, staying sound is key and making sure your investments are safe in order to remain stable amid market fluctuations.

Bitcoin has corrected, altcoins have generally fallen, and market adjustments are normal phenomena. Investors need to stay calm, be cautious about bargain hunting, and invest steadily. When opportunities arise, be brave enough to seize them and follow the market rhythm.