Market review:
The highest for the leader yesterday was 99963, the lowest was 95199, with a fluctuation of 4764 points. The second highest yesterday was 3514, the lowest was 3304, with a fluctuation of 210 points. Yesterday was Thursday.
After yesterday's overall market correction, there was no spike, but the overall correction was not very large. The feeling is that the current trend is a slow decline. The daily closing is an entity closing trend. Today's intraday market can look at the overall rebound strength. If the rebound strength is poor, the market will still enter a period of fluctuation. BTC and the second coin won't rebound much and will explore further. Market enthusiasm will be exhausted, leading to another period of sluggishness, and altcoin markets will also continue to bottom out without a significant upward movement in the short term.
Today's Friday highlights:
BTC
The BTC market has started to fluctuate on the four-hour chart. Based on the current four-hour trend, the support level to watch today is around 95000. If the market breaks below this minor defensive position at the intraday level, it will once again probe down into the 92000-93000 range. The resistance points above remain unchanged in the 98000-102000 range. Only if the market breaks through and stabilizes at the 102000 level will it attempt to rise again.
ETH
Yesterday's market trend for ETH did not show any spike, with the lowest point around 3300. Today, we can use this low point as a support level and observe the strength of the intraday rebound. First, we still need to focus on the 3500-3600 range. If the market can break above 3600 on the daily level, it will once again challenge the key level of 3800. Only if the market breaks through this key point and stabilizes will it restart. Altcoins will generally follow along, but the extent of the follow-up varies, with some rising by a dozen or twenty points, and others by thirty or fifty points.
Altcoins
Continue to monitor these altcoins: SOL NEIRO SYN WLD OP FET PEOPLE CRV ACE. When ETH stabilizes, the altcoin market will follow. If SOL hasn't followed and corrected, it can be entered. Just keep an eye on other altcoins. Those with full positions may consider reducing their holdings, so that there will be a chance to follow up later, as opportunities are reserved for those who are prepared.