Zhao Youdao:

In recent days, the strong performance of altcoins has been eye-catching. After Bitcoin began to rebound, the pace has started to slow down over the past two days. Since December 31 of last year, technically, the support at 92,000 has been important, and breaking lower has led to a rebound. In literary terms, this can be described as 'after extreme adversity comes prosperity'; what is excessive must revert. Therefore, Youdao suggests that during continuous declines, one should pay attention to whether a turning point appears on the daily chart, and on days when there is an increase, one should also be mindful of whether there was a drop exceeding the level of retracement. Observe more, do less, and you can go further! #Bitcoin #Ethereum #Altcoins