Today, BTC rebounded after hitting bottom in early trading, and continued to show an upward trend throughout the day without significant pullbacks. However, the price began to be under pressure and retreated after touching the 99000 line in the evening. Currently, we need to follow the gains and losses of the key resistance point at 99000, and look at the lower wick appearing more frequently in the 4-hour chart. The overall trend is a small three- Yang upward construction, but it has not effectively broken through the upper pressure point and stabilized. We need to follow the dynamic of the US trading hours and ETH stopped after reaching the 2856 line in the afternoon, followed by a slight shock and short positions retreated, linked with BTC's after-hours performance.

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After the previous sharp ups and downs, the long-term market has entered a new period of volatility. In the wide-ranging market, the operating strategy is to "go short on highs and go long on lows," capturing opportunities through oscillations. From a technical perspective, the current market trend is quite chaotic, with the clear observation that the high point has not been broken, which conforms to the principle of "no breakthrough, no establishment." At the same time, there are many lower shadows at the 4-hour level, indicating that the Asian-European session is mainly characterized by oscillating declines, while the American session tends to rebound and continue the oscillating trend. Therefore, in trading, you can first look for shorting opportunities during the Asian-European session and then look for long opportunities at low levels during the American session. It is advisable to reasonably control position risks in the oscillating market.
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With mainstream cryptocurrencies such as BTC, ETH, Dogecoin, and SOL gradually stabilizing and starting to increase in volume, most of the altcoins are actually in the bottom zone at this moment. Even with a significant market trend, it will not be as spectacular as before. For altcoins, Yibo believes that short-term trading is still the main approach, and it is necessary to get on board in advance. In the new landscape of the crypto market, many altcoins are experiencing fleeting trends, so our choice of coins is crucial!