Analysis of Ambush Strategies in Callback Markets

I. Bitcoin (BTC)

Bitcoin has sharply dropped from 99,000 to the 92,500 line. This rapid spike and subsequent callback have caused significant volatility, leading to the liquidation of some profit-taking positions.

From the current rhythm, its hourly chart shows a series of consecutive positive closes, indicating that the upward trend on a short-term level is relatively stable, and the bearish downward momentum has been curbed. Therefore, for today, the market is likely to be dominated by bullish recovery.

However, if the market rhythm shifts to oscillation, it could indicate that the market is undergoing repair and adjustment, and there may be further declines in the future; but if the market can directly achieve recovery, then the bullish strength is expected to further enhance, potentially breaking the 100,000 mark.

II. Ethereum (ETH)

Ethereum is currently mainly in a fluctuating pattern, facing certain pressures from both bulls and bears, making the situation not very easy for either side.

From a technical perspective, the 3,300 line can be seen as a key support level in the recent period. Considering there are only 4 days left in this month, based on the current market momentum and overall trend analysis, there is a high possibility that Ethereum's price could break through 3,500.

III. Altcoins

In contrast, the altcoin market has not experienced the same significant downturn as last time.

This phenomenon indicates that altcoins are currently in a relatively low state, with limited downward space, which also means that there may be certain investment opportunities in the subsequent market developments.

Investors can closely monitor their performance under the influence of fluctuations in mainstream coins like Bitcoin and Ethereum, looking for suitable ambush entry points.

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