Bitcoin continues to trade sideways, and altcoins show signs of bottoming out and starting to move

Yesterday, Bitcoin fluctuated within 500 dollars around 60,600. This sideways period is the favorite time for altcoins and retail investors, so many altcoins rose sharply yesterday, giving people a feeling that they have bottomed out and are about to start. I hope that altcoins will rise quickly and flourish. Only when retail investors are making money can there be a bull market atmosphere and new people and new funds can be injected.

Today's market analysis: From the K-line, the 1-hour and 4-hour levels are sideways, and the 12-hour and daily levels are in an upward trend. The intraday pressure level is 63,400, and the support level is 59,400.