Last night, the US stock market opened low and then rose, which led to Bitcoin not continuing to make new lows, but instead choosing a fluctuating upward trend. In the morning, I noticed that many altcoins were not as strong as Bitcoin, indicating that market volatility is too low and there is no momentum to drive the market.

So the current position is still as I mentioned during my live broadcast last night; there is still a possibility of a downward trend in terms of the pattern. Therefore, the strategy of low long positions below can continue to be monitored, but if it doesn’t drop, we should not enter the market. Going short is also not advisable because it is currently uncertain whether there is potential for stabilization at this position. If stabilization truly occurs, short positions will be difficult to manage. We must also guard against false breakouts; rashly entering the market can easily lead to being misled. I will be watching the market closely today, and we can discuss the specific market conditions in the evening live broadcast. $BTC $ETH $BNB #BTC上攻11万？ #加密市场调整