BTC:

Today is Thursday,

Last night, Bitcoin also reached the 95000 level mentioned the day before yesterday, still an integer.

Today's intraday estimate is that it will rise further, the troublesome thing now is that Bitcoin keeps breaking new highs, and chasing altcoins is not realistic.

Only if Bitcoin consolidates with lower volume can altcoins have a chance to rise, the awkward thing is that with Bitcoin's bulldozer-like rise, whether altcoins dare to follow when it reaches the consolidation level is another matter.

Smaller altcoin investors will also wonder if Bitcoin can hold this height? If Bitcoin can't hold, and the small altcoin is pumped, what if Bitcoin crashes? Wouldn't that mean all previous efforts were in vain? So now it's not just you who are worried, even the small altcoin investors are worried.

Bitcoin is just scraping its way up, not providing a stable market sentiment, nor giving any signal of a correction.

It feels like it's deliberately charging forward to make a name for itself to attract fresh blood into the crypto circle.

Why do I say that altcoins hesitate while Bitcoin is consolidating? What I personally understand is that there are no chips in the 77000-85000 range for Bitcoin. A drop in a single order means there are no chips to support it in between, and if there is a pin break in the future, it is estimated to hit this position. Like on August 5th, that wasn’t a black swan event, it was just that the candlestick needed a low point like this, but it still left many altcoins gasping for breath.

The post hasn’t been edited yet, but what was mentioned earlier about intraday rising has already been realized, Bitcoin has surged vertically.

Operational advice: Buy on dips intraday, although this price sentiment is prone to panic, setting stop losses and following the trend is correct, as long as the upward pattern hasn’t broken, remain firmly bullish.