BTCETH

📈BTC

Distance to the whale's order data at 98000 is only 101 dollars

Although the data has reference value

it is essential to observe market signs before shorting on the left

• Nvidia's earnings report boosts BTC

while the AI sector's gains fell short of expectations

AI coins still need to be firmly held...

• BTC continues to refresh its highs

but has already entered the overbought zone

the mid-term trend remains strong

but there is a demand for short-term correction

Anxiety for altcoins😐

• Many partners hold altcoins

yet encounter completely different rise and fall rhythms between BTC and altcoins.

• When BTC rises

altcoins often decline

we need to anticipate a decrease in BTC's dominance or a high-level consolidation

to bring opportunities for altcoins

• If BTC corrects in the short term

altcoins will continue to drop, but the timing is hard to grasp.

So my approach is not to reduce holdings of ETH or SOL

and continue to hold

as it may be difficult to find good entry points after selling

🛡️Altcoin operation suggestions:

• In the face of a possible continued decline of altcoins by 10-20%

it is advisable to remain patient and not sell the spot inventory at this stage

maintaining a strategy of buying during declines

• Reducing holdings may avoid short-term losses from declines

but it may also miss out on entry opportunities during an upsurge, increasing costs.

• This market cycle has its uniqueness

analysis needs to be combined with historical experience and cannot be detached from the actual situation

🎯Key BTC data:

• Current dominance is at 60%

breaking below 55% may signal the start of altcoins

• Short-term support level is 93500

core support level is 91000

if it breaks 91000, it may trigger a correction to 86000.

• As long as it stays above 93000, the outlook remains bullish📈

📊Key points to focus on:

• BTC.D changes need close attention

• The greed index has decreased today to 82

💪Summary:

Be patient; the process may be winding, but the goal will eventually be achieved.

BTC trend #Altcoin rotation ##BTC再创新高97k