Both BTC and ETH showed a downward trend over the weekend, with a fluctuation range of about 5%. Despite this, altcoins have experienced a sharp correction, and many prices have basically returned to the level when the market started, and some have even fallen below the bottom support range. For altcoin holders, the strategy of keeping spot is still effective, especially in a bull market, such fluctuations are very common, and there is no need to panic. The overall trend is still bullish, but you need to be careful not to over-leverage the contract.

From this perspective, the big cake first made a false breakthrough at the previous high to complete a hunting of short stops, and then made a false break at the previous low to hunt the long stops. It is still back to the triangle convergence range. It seems that this is to hunt liquidity. According to BTC's fee rate, when the fee rate is negative in the past two years, it is most likely a good buying opportunity, not a selling opportunity.#大盘走势