On the 22nd of last month, the article hinted that the market was about to start. The accuracy of the direction is only part of trading; once the direction is determined, the timing of entry is also very important. The breakout entry on the 22nd was actually without any issues. After breaking through key points, the market can choose to accelerate or to pull back and consolidate. The key lies in whether you have faith in the trend and whether you are resolute about stop-losses. From the 22nd to yesterday, I believe many people were swept out during this wave of consolidation. Of course, we only see this wave of increase as a rebound; the bearish market tone remains unchanged. The important rebound levels are still at 104,000 for BTC and 3,600 for Ethereum (this is just a rough number and does not represent an exact price point; the rebound levels also need to be assessed step by step).

Looking at other altcoins, they each have their own performances: Pepe, XRP, BCH (which has always been relatively strong), and the fluctuations of altcoins far exceed those of BTC. This is not a healthy correlation, so this wave is only seen as a rebound and will not serve as a basis for returning to a bull market. If you missed this round of rebound, you can wait for more certain opportunities. For detailed opportunities, please follow our public account.

Market analysis suggestions are for reference only; actual market decisions change rapidly. Grasp the market direction and establish an investment belief system. Follow our public account:

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