$BTC
Yesterday, those who bought the dip contracts, near the resistance of Bitcoin, regardless of what contract you hold, take profits if you can. For spot trading, control your average price to at least break even. The risk of decline still exists, as a downward wave has appeared on the 4-hour chart. It's uncommon for major influencers like Tianlong to show up. Even if there is another rally, I think it will require time and a consolidation pattern. The resistance at the neck line that determines a change in the downward structure is around 102,600.
Breaking below and then retesting the 4-hour ascending channel presents a good opportunity for you to exit your dip-buying contracts; if you don't want to leave, at least partially exit!
Everyone is talking about altcoin season, and looking at it this way, it really is possible. If Bitcoin undergoes a 4-hour adjustment here, altcoins may indeed have a chance. This round of altcoins has retraced deeply, with most reaching the accumulation zones of previous bottoms. Of course, some strong assets remain. There was so much talk in the group yesterday; I hope you can add your selections.
Don't ignore the advice. With such volatility, leveraging altcoins can lead to disaster without even knowing how it happened.
