In the evening, Bitcoin dropped from 90,000 to above 85,000.

The intention to clear leverage is still very obvious. There is significant selling pressure at the 90,000 mark.

So how will the medium-term market develop next? Currently, although BTC is extremely close to 90,000 USD, there are no obvious signals of a peak, nor is there particularly significant selling pressure. On the daily chart, it is soaring, and on the hourly chart, it is climbing step by step, showing a standard uptrend. During the rise, do not easily speculate on the peak; if the market is peaking, the K-line will naturally give a signal. The market continues to look bullish, with the psychological expectation of institutions being around the 100,000 mark as the peak.

From the price action, if a large bearish candle appears on the daily chart or a long upper shadow forms, it indicates a divergence in the market direction between bulls and bears, and short-term market may retreat. The support level for Bitcoin is above 85,000.

In the altcoin market, including ETH, the rise has not been satisfying. Apart from DOGE being able to keep up with BTC's pace, other altcoins are lagging behind. The main reason is that BTC is rising too quickly for other altcoins to react. By the time they can react, the BTC market is already soaring. Therefore, entering altcoins at this time raises concerns about a BTC pullback dragging the altcoins down. As a result, altcoins currently feel hesitant in their rise. BTC rising too quickly is not a good thing for altcoins. The best scenario is for BTC to rise, then consolidate at a high level, allowing altcoins to catch up. After altcoins have completed their catch-up, BTC can continue to rise. Only this kind of movement can lead to a collective rally in the market. Currently, we need to pay attention to whether BTC can consolidate at a high level. If BTC consolidates at a high level, then opportunities for altcoins will arise.

In the coming period, BTC continues to look bullish, moving up with fluctuations, with the possibility of spikes downwards causing contract liquidations, so please pay attention to risks! Altcoins will continue to catch up after BTC starts to consolidate, provided that BTC does not experience a major pullback and does not fall below the key levels of 83,500 and 80,000.

Currently, I have checked the recommended assets, UNI, BB, IO, etc. have surged,

and there is still a chance to make a big gain with NOT at the bottom. DOGS is currently undergoing a high-level washout, with some intensity, but as long as there is no volume, there is still an opportunity. The Trump sector's Trump is pulling back for a washout, and there is still a chance to speculate, as there is still a big profit before the King of Understanding comes to power.