Altcoins are still quite stagnant at lower levels, especially those in the AI sector. Don't panic even if they drop, just hold on and wait patiently.
The performance in the contract group today was quite good, with a ten-game winning streak. If you want to join, just leave a message with 666.
The characteristic of wide fluctuations is that every time it drops to a major support level and then rebounds, there are always some small coins that can surge by dozens of points.
I have to say it again, the overall market is still on the rise, so don't be too pessimistic.
BTC closed a bearish candle today, which is the most significant drop recently, marking a pause in the upward trend. But don't worry, it's still in line with our predictions, and it’s still an upward trend. This bearish candle is like an invitation to the bulls; BTC is about to enter a phase of wide fluctuations. Both short positions and long positions have opportunities, and there are more short-term trading opportunities with contracts.
ETH is slightly stronger than BTC, and altcoins are even stronger than ETH. This signal is quite favorable for short-term operations and making profits, so the market should stabilize. I estimate that wide fluctuations can last for another 8 to 10 days. If you understand this trend, in our internal group, we short/sell during the day and then go long/buy the dip at night, and make several profitable trades in a single day. When the analysis is correct, the operations go smoothly, and profits come easily.
It’s not easy for BTC to keep dropping from here; there has already been a rebound today. Whether it can stop the downward trend depends on the current support levels, which will then form the high and low points of the fluctuations. Bulls should cherish the opportunity for a pullback. The short-term resistance level for BTC is between 94,500 and 95,500, with the first support level at 92,375 and the second support level at 90,000.
