The current strong altcoins and Bitcoin's trend look more like an initial震荡回调, rather than a simple下跌修正. In the short term, the bearish trend may extend, and the likelihood of completing the correction is high. Today's and tomorrow's performance is crucial, and the position at 956 will be a key node.
If this position is突破, the震荡阶段 will end, and the market may continue to rise; conversely, if it跌破 this support level, it may test the position at 915, forming a double bottom pattern. Next, we need to observe whether the price can突破新高 or further break down.
Currently in the observation period, even if a回调 occurs, there is no intention to reduce positions. If we refer to the trend in 2021, the consolidation or correction period is expected to last until around 1210, and the price needs to at least回探 the 87 to 88 area, which is considered a reasonable correction range.
