#BTC☀ Bitcoin Latest Trend Analysis:

The current price of Bitcoin is 93380. In the morning, it dropped to the position of the 4-hour triangle breakout and held there, followed by a second dip. I made a short trade at 92900, and when it dipped for the second time, I exited at the original price. The current market situation is quite challenging as the first Bitcoin rebound was only two points, and I didn't expect a second bottom test.

1. As mentioned yesterday, Ethereum is performing well, and currently, funds are concentrated in Ethereum and Layer 2.

2. Bitcoin's market share is starting to decline, and after Ethereum, it will move towards altcoins.

3. The fear index has dropped to 79, which is no longer in the extreme greed zone.

4. Many traders are saying that this year is the most challenging altcoin market, comparable to the hellish difficulty of previous years.

5. The LPT weekly chart is about to golden cross, and on the daily chart, it is digesting the previous trapped positions, while the hourly chart is also moving upwards in a triangle.