I, a commoner, have been working in Nanyang, striving to survive in the chaotic market, not seeking fame among the nobles, but seeking to be true to myself. I really like a quote from Robert T. Kiyosaki, "The love of money is the root of all evil, and poverty is the root of all evil." I believe everyone in the coin circle is here to profit. I hope that in the days to come, my market analysis can help everyone gain a lot in the coin circle. The sea of learning is boundless, and learning is endless. Continuously increasing one's knowledge and combining it with one's own trading habits is the only way to survive and achieve one's ambitions in the coin circle.

Next, let's analyze the market trends of BTC, ETH, Ondo, and SOL.

Bitcoin (BTC) dropped from 72800 to a low near 65000, currently trading around 67500. From the overall market perspective, it is still in a high-level oscillation range. Strictly speaking, the daily MA30 moving average has not been broken. The overall market tends to be stable. Looking at the four-hour chart, it has already broken through the three lines. Looking at the hourly chart, it just experienced a sharp drop near 65000, indicating an overall oscillation trend. I believe it will continue to oscillate in the future. The key factor now is the significant pullback of altcoins, while BTC has not experienced a significant pullback. This situation is uncommon, indicating that the effect of ETFs has far exceeded our imagination. Looking at the big picture, it is still likely to pull back, and this strategy will not change for now. However, there are many opportunities during this period that can be seized. Compared to Bitcoin, I believe there may be more opportunities in altcoins. Bitcoin may still attempt to reach around 70,000 once again. Therefore, my suggestion is: For Bitcoin, bottom fishing may not be a good choice. It may be better to bottom fish some altcoins with larger declines. There may still be opportunities above 70,000 for Bitcoin. It is still more appropriate to observe the changes in Bitcoin.

Ethereum (ETH) dropped from 3735 to a low of 3050, with a drop of over 20%. Altcoins mostly follow the rise and fall of Ethereum. The lowest point of this pullback is close to my previous prediction of 2900, off by only about 100 points. From the market perspective, there will definitely be a rebound behind the sharp drop, so there is no need to panic. Looking at the daily chart, the support of the MA120 moving average is very effective and strong for Ethereum's daily pullback. I believe it has basically reached a normal pullback level. Currently, both the daily and four-hour charts show good signs of rebound at this level. Similarly, when Ethereum rebounds, altcoins will definitely have a good rebound. Therefore, I support bottom fishing in altcoins at this time. If it continues to pull back and fills the lower shadow at 3050, there is no need to panic. I believe this is a good point to add positions. Therefore, my overall suggestion for Ethereum is: Enter long positions at the market price, get on board with spot trading, and consider adding positions near 3050. The upward height may reach around 3600 or even higher, depending on the situation. As for the subsequent trend, it should still be mainly focused on short-term fluctuations. Seizing each short-term fluctuation is the rule of standing invincible in the current situation.

Ondo (UNDO) almost halved from $1 to a low near 0.55, and is now trading at 0.75. Overall, this coin is a good representative of altcoins. It experienced a high-level halving, and the current position is a rebound stage, touching the daily MA60 but not breaking through. It has recovered and has long lower shadows, with volume support. I recommended buying it early, and the returns were relatively good. It can continue to be monitored. This time, I believe it is completely okay to bottom fish this coin. You can boldly enter the market.

Solana (SOL) dropped from 204 to a low near 140. Whether from the news or technical perspective, I believe everyone has profited from this pullback. You may question why I didn't wait for 130 to bottom fish. Indeed, the MA120 moving average is indeed near 130, but the extent and speed of this sell-off exceeded my expectations. I originally expected it to be not this fast, and a fast rebound will also occur. SOL will become stronger in the future. Therefore, I believe there is no risk in bottom fishing SOL in the short term, and it is good to add positions near 140.

In summary, Bitcoin is still in a high-level oscillation, and the overall direction may still be bearish. Due to the relatively large decline in altcoins, this is an opportunity for us to bottom fish altcoins. It is somewhat related to Bitcoin, but the main analysis of altcoins is still based on Ethereum's trend. This time, the core group of bottom fishing should have the opportunity to bottom fish at a very low position, so there is no need to panic, and don't narrow your perspective. Hold for a few more days. A rebound of over 3 days on the four-hour chart will emerge. Of course, when the rebound of altcoins approaches the high point of the previous few days, it is time to exit long positions. I believe it is possible to consider selling altcoins and Ethereum long positions near 3600. Spot trading may be better to reduce positions appropriately, because I am still very concerned about a major drop in Bitcoin. Therefore, every bottom fishing opportunity should be approached with caution. Of course, I will not participate in very small rebounds or small market fluctuations, but if I suggest bottom fishing, there is definitely profit to be made.

All the above views are purely personal opinions and do not constitute investment advice. There are risks in the coin circle, so investment needs to be cautious.

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