Little Butterfly's Market Analysis Today:
BTC:
Yesterday it was mentioned that if there is no rebound, there will be a pullback, which is in line with expectations. A bottoming structure formed around 90800 at the hourly level, and today there is a high probability of a rebound to 96000;
ETH:
Yesterday, it was observed that Ethereum's rebound was brought down by Bitcoin, failing to reach expectations. Today, we are looking at a rebound to 3400;
Altcoins:
Ethereum was brought down by Bitcoin yesterday, and altcoins followed suit, which is a typical HY market. Yesterday, CZ mentioned his views on MEME, which aligns with what was said the day before. There are signs that funds from the MEME sector are flowing into the VC sector, so we need to focus our attention on the VC sector recently.
ENA pulled back to around 0.55 yesterday and quickly recovered to 0.6, preparing to push towards 1$.