Today's market is quite good, but I want to remind you that
this position is not very suitable for entering long positions
The cost-effectiveness here is already very low
If you are a beginner, many people might see today's rebound and feel that a bull market is about to start, and then jump in to chase the highs
From a technical perspective:
Bitcoin is now approaching 100,000 twice, and ETH 3500,
both have roughly formed a W bottom, reaching the vicinity of the previous high neckline,
and the 4-hour chart for Bitcoin has formed a double top
It would be better to wait for a confirmed breakout before re-entering from the right side, as it would be steadier,
then support will look at this key position of 97,800,
if it goes down here and cannot hold, then basically the double top is confirmed
It will continue to decline with wide fluctuations, and at the same time, altcoins will also correct
So I will not place any trades here; if I were to trade, I would wait for a right-side breakout above 100,000 and 3500 to confirm effectiveness before entering, otherwise the risk here is very high and the cost-effectiveness is very low.