In the system set by me, Bitcoin is currently in the red line 4 stage. From a macro level, there has been no top divergence, so it cannot be determined that its macro level has reached its peak.
Based on this, it can be temporarily assumed that the macro level has not reached its peak, and it is currently only consolidating and accumulating power within the corresponding level.
At the same time, based on the principle of wave alternation, it is assumed that the adjustment form of Bitcoin this time is a horizontal and mild adjustment.
The secondary altcoin market, which has been maintained for two days, is now temporarily stagnant.
So how should we participate in the next bull market?
First of all, we have to focus on the performance of Bitcoin. In the currency circle, the trend of Bitcoin has a strong directional effect. As long as Bitcoin can remain strong, the overall market is often sustainable; on the contrary, if the market of Bitcoin weakens, it is necessary to be extra cautious during the operation.
