Quick update $BTC on March 16:

The H4 frame of $BTC broke the previous uptrend and entered a slight correction. For me, this is a healthy adjustment rhythm to shake off the weak-hearted traders and rebalance the onchain indexes. In my opinion, it is likely that $BTC will create a whisker around the 61k area (Or even 59k like the previous whisker) and then bounce back up and sideways.

Dom.BTC has also formed a bearish structure in the H4 frame. If it can break through the 53.1% support, it will find the 52% area.

👉 In my opinion, this adjustment rhythm will not be too strong. If there is a recovery rhythm for $BTC , there is a high possibility that#Altcoinwill recover stronger. I will choose to add a little Altcoin when $BTC reaches the 61k area. This time I will focus on #Layer2, #Restaking, and #Pow.

👉 Please note, this is just my personal prediction, all for reference only. The plan drawn is to prepare the best options for yourself, it doesn't mean the market has to follow your predictions. During an uptrend, long sweeps and shakedowns are opportunities to grab more goods at good prices, and usually they appear in a very short time!