The market still has not broken through the previous high, reaching a peak of around 92700 yesterday, but failed to create a FOMO (Fear of Missing Out) sentiment to impact the new high of 93000 again, with price fluctuations in the range of two to three thousand dollars.

In such a case, once the direction is judged incorrectly, whether going long or short can be quite torturous.

However, this back-and-forth volatility is relatively favorable for the subsequent trend, as it somewhat cleanses high-leverage players and reduces the market's "burden," allowing for a smoother and faster market development going forward.

In the current situation, Bitcoin's performance is relatively weak, and investors with long positions may want to remain observant. It's better to take action after the market stabilizes following a spike.

The current price level is somewhat awkward, with limited space both up and down, so there is no need to take risks.

If the price falls back to 86500, that would be a good entry point, at which time two strong altcoins can be chosen for investment. #DeSci热度上涨 #AVAX、ROSE、ADA大额解锁