$BTC

《Is Bitcoin on the Brink of Collapse? Or is it on a Strong Rally?》

From the four-hour perspective, Bitcoin's support should hold, and Ethereum's trend has also picked up; both trends are quite similar now.

A significant movement should be imminent, either a substantial correction or a continued strong rally. Ethereum only needs to break through the previous daily high to push towards 4000, and there hasn't been a significant correction yet. In the long term, we are seeing corrections, and in the short term, we are also observing corrections.

The market hasn't been as aggressive this month compared to last month. Most established altcoins have risen significantly; it might be worth looking for established coins that haven't risen yet but have potential.

Regarding trading direction, currently, both Bitcoin and Ethereum are on an upward trend line, with a stop-loss set at the four-hour low.

Personal views are for reference only.

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