Bitcoin just broke its new high yesterday and surprisingly refreshed its new high again early this morning. It seems my prediction yesterday was correct, that after breaking a new high, it wouldn't deviate too much, mainly focusing on solidifying and consolidating. Currently, most mainstream cryptocurrencies are only experiencing slight fluctuations, and this kind of market is quite annoying, making operations extremely difficult. The position is high, but the trading volume is low.

So, will altcoins rotate? Both bulls and bears are in a tug-of-war, so let's analyze the likely direction ahead.

This time, Bitcoin's breakout to a new high wasn't very pretty. I predict Bitcoin will still consolidate around 105,000. It hasn't produced a strong bullish candle, but overall, the K-line trend is still relatively strong, in an extremely bullish state. Without a volume breakthrough, we need to be cautious about a possible pullback.

The probability of a short-term rapid rise is low, and it's still not suitable to open contracts or accumulate coins at this point. However, if it drops below 100,000, it might be a good opportunity to pick up some bargains. BNB is expected to fluctuate in the range of 700 to 740.

When Bitcoin is rallying, BNB generally shows weaker performance and is more suitable for spot trading within a range. ETH is expected to consolidate around 4000. Yesterday, ETH performed relatively strong, especially during the time Bitcoin just broke its new high. As long as Bitcoin doesn't drop significantly, Ethereum might pull up to new heights.