From last night to this morning, established cryptocurrencies like LTC, BCH, EOS, and FIL have experienced fluctuations, bringing some unsettling signals to the market, seemingly indicating that a significant adjustment may be brewing.
Currently, Bitcoin is in a phase of consolidation. If BTC breaks above $100,000 and continues to rise by $3,000 to $5,000, the subsequent decline may not be too severe, with a maximum pullback of $3,000 to $4,000, after which a rebound is possible.
It is now the fifth week since Bitcoin reached a new high; the first four weeks were relatively stable, but starting from the fifth week, potential risks need to be monitored, especially the pullback pressure after Bitcoin's price breakthrough. Therefore, this week requires particular caution regarding potential significant fluctuations, and investors should try to avoid being affected by sudden downward volatility, ideally being able to preemptively mitigate possible risks.