Currently, the decline trend of Bitcoin is not as fierce as before, but it is still continuing to drop. Based on the current market situation, Bitcoin is being drained by altcoins, and a new round of altcoin season may be coming soon.
The altcoins in the DeFi and AI sectors have performed well in this round of market, such as Aave, CRV, and Usual, which have risen over 20%. It is estimated that Bitcoin will fluctuate between 94,000 and 98,000, and if it falls below 90,000, it might be a good opportunity to build a position.
Generally, sharp declines in a bull market last for about 7 to 11 days, and considering the time, it is about to end.