#ReboundRally
Today's midday summary; Attention ⚠️ Attention ⚠️ Attention ⚠️
1: Brothers, Bitcoin (大饼) attempted to break through 99300 again last night but failed. It is currently oscillating in the range of 97500—98500. The daily closing pattern looks quite good, but it is merely a rebound. In the short term, it cannot break through 99300, and there is still a need for adjustment in the short cycle. The first lower interval is 96500, the second lower interval is 94500. However, altcoins can still catch a rebound opportunity during Bitcoin's short cycle adjustment, so everyone can keep an eye on it. Ethereum (以太) also rebounded last night, reaching a high of 3530, which is within the predicted range. The live broadcast has been reminding everyone that it would reach this position, and it has perfectly hit it. It is currently experiencing a slight adjustment, and you can wait for an opportunity at 3368.
2: It’s important to remind everyone that whether trading altcoins or meme coins, you must set stop-losses. Currently, Bitcoin's price has pulled back close to 100,000 USD, but market funds have seriously withdrawn, with approximately 150 billion funds extracted during the Christmas period for profit-taking. Recently, there hasn’t been any increase in money supply, and the funds in the market are still moving around, mainly in small-cap coins. So don’t get overly stimulated, especially for those who were trapped last week, it’s tough now. Why? Because the mainstream coins you hold have weak rebounds and haven’t reached break-even, and you are still down 20% or even 30%. You keep thinking about whether to cut losses and buy other altcoins, hoping to make a comeback. I can tell you, that’s exactly how the market pulls you in. They hope you sell your valuable mainstream coins and chase the new altcoins. Think about whether that was the pattern in October, where everyone chased meme coins, sold off valuable coins to cut losses, and ended up getting caught in the meme coin craze. In the end, the mainstream valuable coins you sold