Market Review:
The first coin's highest yesterday: 101351, lowest 98657, with a fluctuation of 2694 points. The second coin's highest yesterday: 4015, lowest: 3923, with a fluctuation of 92 points. Yesterday, the overall trend of the Sunday market has begun to sync up. Last week, the golden needle closed with a rise, and the first coin directly repaired the support position of the previous week's high spike around 90000, rebounding and creating a new historical high. The second coin followed suit, reaching the first support position of 3500 points, rebounding near the new high for the year. Currently, it has not broken the new high for the year. The overall trend of altcoins is still not very strong; only a few coins are performing relatively well, while some are still showing weaker performance. Whether the second coin will continue to rise and drive the overall market upwards (I personally think it is possible) remains to be seen. The rotation of altcoins in this cycle is not yet over, so the arrangement in this market cycle is still ongoing.
Today, Monday's highlights:
BTC
BTC has already repaired the spike from the previous week. However, to prevent further corrective movements this week, the key support focus is on the range of 92000-95000. In the intra-day, pay attention to support points in the range of 97000-98000. The subsequent movements of the first coin will mainly focus on fluctuations. Those engaging in contracts should manage risks well to prevent liquidation disasters caused by upward and downward spikes. Look less at the first coin's trend.
ETH
The ETH market is currently relatively stable. Last week, it dipped to a low of 3500 points, which aligns with the support level of 3480-3520 points provided last Monday. This week, the focus is on the range of 3760-3820 points, with expected preventive support around 3800 points. Both the daily level support and intra-day defensive positions are near this level. It is expected that the new high within the year will be broken, but the historical high may not necessarily be breached immediately at this stage. The spike two days ago did not reach the new high for the year, missing it by just a small margin, so this market cycle is not yet complete. However, a small-level correction at this juncture is a normal occurrence. We await the second coin to continue rising and drive the rotation of altcoins.
Altcoin
In terms of altcoins, continue to hold onto the coins in hand. Currently, it is only a floating loss. Listen to me, as we are not in a full position, so there is no need to panic. Just wait for Ethereum to drive the altcoin market. You can also continue to pay attention to AI smart and gaming series coins.