Look at the short-term BTC trend $BTC
The short-term decline ended on the 20th, and the market entered a range-bound fluctuation. The first rebound resistance is clearly around 99,000, with bottom support around 92,500.
In the past two days, the price has moved in a small fluctuation range around the large fluctuation range, with resistance forming at 99,500 above, and short-term small framework support around 97,260.
If it breaks below the small framework, the market may continue to follow the large framework's operation, but for some weaker altcoins, there is a possibility of a deeper correction.
If it breaks out upwards from the framework, it will break the current sideways state and may have a chance to develop a unidirectional trend in a small structure.