Personal Ideas
Bitcoin has been oscillating at a high position for several days and still hasn't broken through the previous high. However, these two days are the weekend, forming a head and shoulders bottom pattern. If it breaks through on the weekend, this pattern may fail. Tonight, we will observe whether it will break through 103,000 again, and if it stabilizes, we will look at 110,000. If it doesn't stabilize, I see 97,600. Bitcoin is sucking the life out of altcoins. For those who haven't entered, spot purchases can be made. For contracts, it's advisable to avoid opening positions for now, otherwise, it might be another bloody storm. ETH is also being drained and hasn't broken through the previous high again. SOL is even weaker, but after all, it is a mainstream coin. Spot SOL is worth entering, as it's a bull market, and anyone who can hold until the end won't lose. The current market is at a stage where it will die if it stays in a pattern, making many people hesitant to open positions. It often stops losses only to rebound or drop immediately, which can mess with people's mentality. However, the bull market is not lacking in opportunities; staying calm is key to making it to the end. The current situation is not very obvious, so let's continue to observe Bitcoin's direction.
Hahaha, my drawings are quite rough, but they should be easy to understand, right? $BTC