The big one is coming!!!
The recent decline in Bitcoin is a natural part of the market's ongoing upward process!!!
It may even become a "booster" that drives the market further up.
From the daily chart, we can clearly see that yesterday the Bitcoin price formed a spinning top, indicating that both bulls and bears have temporarily reached a balance around 93000.
Today's slight price rebound further confirms the dominant position of the bulls.
Although the market may experience further dips in the short term, this should not trigger panic.
On the contrary, this is an excellent opportunity to inject fresh blood into the market and provide a chance to switch positions.
This correction is actually a natural adjustment after the market experienced accelerated growth earlier.
It helps to wash out floating stocks, solidify the market foundation, and lay a more solid base for future increases.
For holders, maintaining confidence is crucial.
In the medium to long term, the upward trend of Bitcoin is very clear, and breaking through 100,000 is just a matter of time.
The Ethereum market is also showing some signs of adjustment. Yesterday, the Ethereum price appeared slightly sluggish, with a small pullback and a small bearish candle.
The comforting news is that the Ethereum price stabilized at the 10-day moving average, which has played a good supporting role for the short-term market.
With Bitcoin's pullback, Ethereum is expected to rise and become the market's focus.
The turning point of Bitcoin's market share also brings good news for altcoin investors.
As Bitcoin's dominance gradually weakens, market funds are starting to gradually shift towards the altcoin sector.
Currently, many altcoins are still in the bottom area, providing us with a good opportunity to position ourselves.
In a bull market, holding quality assets and maintaining confidence is the key to beating the market.
Previously positioned bonk, doge, and xrp have all doubled and exited.
The next positioning direction is still aimed at the lucrative opportunities in altcoins, especially those with high potential.
Currently, there are already two promising ones. Once they drop to the right position, doubling is quite simple!!!
Don't be a headless fly buzzing around anymore. If you hope to earn multiple returns in a bull market, comment 111, follow my lead, eat big meat together, and enjoy the bull market dividends!
