Today is the 397th day since I started writing posts regularly, without a single day missed. Each post is not done half-heartedly, but with careful preparation. If you think I am a serious person, you can walk with me, and I hope the daily content can help you. The world is big, and I am small, so please follow me, to make it easier to find.

Do not short the market due to a downturn, and do not FOMO when the market is rising. As a decision-maker, I hope that among those who chased the rise and are now trapped, you are not one of them. Overall, altcoins are stuck at a bottleneck that cannot be broken through for a long time, and the probability of a correction is sharply increasing. The current market situation is the best illustration of this.

The hourly chart of Ethereum shows a rebound after holding around 3540, but the hourly trend is about to open up, which is also a sign of a pullback. The best movement for Ethereum would be to oscillate around 3550. If it breaks below the upward trend, it will at least pull back to around 3300. The support around 117000 for Bitcoin is relatively strong, as it has been tested twice and failed to break this position. From the hourly chart, there are also signs of a rebound, but despite the bounce, it remains a volatile trend. With the weekend holiday approaching, it will likely start to move in a sideways market.