BTC Market Analysis:

Bitcoin has not experienced any pinning situation here, and it has reached the limit target of 98,000. However, the initial selling pressure reached around 95,600. Now considering the issue of emotional rise, we can process the final handling with fluctuations of 2,000 points up and down around the limit target. The more this happens, the easier it is to form a high price. The time frame should be between 3 PM and 10 PM, as there has been a continuous upward trend here, and the hourly level is relatively vague and difficult to judge. If we look at it according to the daily high points, it won't be that complicated. Before the 25th, combine the limit price of 98,000 with the price reaction. Now we just need the price reaction to cooperate; if a valid high point is established in the short term, we can observe whether it breaks below yesterday's low of 95,600.

The price of Ethereum is also testing around 3,400.

Currently, altcoins are waiting for Bitcoin to stabilize before leading the way for a pullback. After Bitcoin stabilizes, the funds can be transferred out during the pullback, making it easier for other declining mainstream coins to have a strong rebound. The pullback in Ethereum may not be very significant, but for other declining mainstream altcoins, it will be a good opportunity to buy the dip. Recently, you should closely monitor whether the altcoins you choose are following the decline and how strong that decline is!