Today, many altcoins have started to activate one after another, and the trend of BTC and the rise of ETH 📈 have clearly told us that the market has shifted from $BTC to $ETH and altcoins here. The upcoming trend is also very clear: BTC is consolidating at a high level between 96300-97300, while ETH will continue to rise, and altcoins that have dropped to support levels will gradually start up.
As mentioned earlier, I still do not believe BTC will break 100k this month. During this high-level consolidation period, the rebound of ETH and altcoins does not indicate the next round of BTC's rise, but rather suggests the end of this bullish phase.
In summary, during this period, it is advisable to consider opening short positions at BTC's resistance levels during its consolidation, and to moderately go long on ETH. After the rebound of altcoins and ETH, BTC will enter a downward phase for a deep correction, likely retesting 87000, in preparation for the rise when Trump takes office in January next year. Next year will be the best time to break 100k #山寨季來了?