$ETH reminds that the long bearish candle on the daily chart of Bitcoin is a bearish signal. Today, the daily chart must have a strong bullish candle that engulfs yesterday's bearish candle to mitigate the risk; otherwise, the current pullback and consolidation have not ended. The support below is at 90,000, and if broken, it looks at 85,500-86,500.
Yesterday, Ethereum had an independent trend that protected altcoins, but this does not mean it will continue to trend independently. A breakthrough above 3,550-3,600 in Ethereum is necessary to establish independent market conditions; otherwise, if the rebound fails to break, Bitcoin can easily bring it down.