Cryptocurrency market pulse: calm observation, strategy first

Altcoin: ready to go

The recent correction in the altcoin market does not seem to have completely released the potential pressure, resulting in limited upside in the short term. In this case, patience is often more valuable than impulse. Today's quiet performance of the market just illustrates this point - sometimes, waiting and watching is also a kind of wisdom.

BTC: Contemplation under the positive CPI

Although Bitcoin (BTC) has a short V-shaped rebound after the release of CPI data, this momentum needs time to digest. In the next 3 to 5 days, we may not see it easily break through the current resistance level. At this moment, stay sober and wait for the market to give a clearer direction.

Contracts and spot: strategy is king

For intraday contract operations, seizing the rebound point to carry out short operations may be a cost-effective choice. Especially for investors interested in the agricultural field, AGRI, a project led by Goldman Sachs, may be worth paying attention to. However, spot investment still needs to wait for a better time to appear.

Market Insight: Opportunities in sideways trading

From the daily chart, the market is still in a sideways consolidation stage, which means that more time and energy are needed to accumulate enough momentum to achieve an effective rise. Any attempt to quickly rise is likely to encounter strong selling pressure. Therefore, for ETH and other altcoins, the adjustment period after the "two Yang" may last for a while.

Short-term operation: Thoughts after the sharp bottom rebound

The sharp bottom rebound in the 4-hour chart is a correction to the previous big Yinxian, but it does not mean that the trend has reversed. In the next few days, the market will go through a long repair process. Although some currencies perform well every day, this is more like part of regular fluctuations rather than a real turning point.

Remember, in the world of cryptocurrency, there will never be a shortage of opportunities or orders for operation. Whether it is with the rise of the overall market or taking advantage of positive changes in a specific time window, it is possible to find an entry point that suits you. For contract traders, shorting on rallies is still a good choice. The main pressure range facing BTC is currently between 101,650 and 103,200, while 98,750 and 95,950 are important support levels.#BTC重回关键位置后走势