【Bitcoin is moving sideways, while altcoins are still catching up on the downside! How much longer will this correction last?】
There was a fairly clear feature in the market today: Bitcoin barely moved, while altcoins continued to slide.
This is actually consistent with yesterday’s assessment. After Bitcoin’s sharp wick down to 72,727, the rebound was not particularly strong, but the Fibonacci 0.5 support around 72,597 has been tested, and the 71,800 uptrend line remains a key level to defend. As long as there is no high-volume break below 71,800 followed by a failure to reclaim it the next day, the overall bottoming-out thesis remains unchanged for now.
Altcoins have continued to catch up on the downside over the past few days, indicating that risk appetite has not truly recovered and that funds have not noticeably flowed back into altcoins. This phase is a real test of patience. Don’t rush to buy the dip just because prices have fallen for a few days, and there’s no need to let short-term volatility scare you into selling at the lows.
My approach remains the same: first watch to see whether Bitcoin can hold steady and challenge 76,000 again, then look toward 78,000–79,000. Altcoins will probably need a little more time to truly stabilize. Patience with spot holdings is more important than frequent trading.
#BTC走势分析 $SOL #eth
There was a fairly clear feature in the market today: Bitcoin barely moved, while altcoins continued to slide.
This is actually consistent with yesterday’s assessment. After Bitcoin’s sharp wick down to 72,727, the rebound was not particularly strong, but the Fibonacci 0.5 support around 72,597 has been tested, and the 71,800 uptrend line remains a key level to defend. As long as there is no high-volume break below 71,800 followed by a failure to reclaim it the next day, the overall bottoming-out thesis remains unchanged for now.
Altcoins have continued to catch up on the downside over the past few days, indicating that risk appetite has not truly recovered and that funds have not noticeably flowed back into altcoins. This phase is a real test of patience. Don’t rush to buy the dip just because prices have fallen for a few days, and there’s no need to let short-term volatility scare you into selling at the lows.
My approach remains the same: first watch to see whether Bitcoin can hold steady and challenge 76,000 again, then look toward 78,000–79,000. Altcoins will probably need a little more time to truly stabilize. Patience with spot holdings is more important than frequent trading.
#BTC走势分析 $SOL #eth
