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After experiencing sharp fluctuations in the market in recent days, the trend of Bitcoin seems to have come to a temporary standstill, and the market sentiment has turned from euphoria to restlessness and caution at the moment. The encryption market in April can be described as "worrying", encryption the market has experienced the Depth dump of various long factors, and the contract has been Get Liquidated in a row, in fact, Bitcoin there will be this kind of Depth dump before each Halving cycle, but this dump is actually different from the past, the most fundamental thing is that the encryption market in 2024 has the Bit Spot ETF of the United States, and the market pattern has completely changed Bull Market Bitcoin Bitcoin Spot ETF Bull Market Bitcoin Halving.
Yesterday Bitcoin the overall trend is still in a wide range of pulling, the intraday coin price first shocked back to the lowest near 60750 and then stopped fall Rebound all the way to the upside, until the evening long gradually exerted force all the way to the highest level of 64100, but the market did not stabilize out of the continuation, but under pressure to go down, the current situation is stable near 63500 in the operation. The four-hour coin price has entered the long short decision stage, after the current construction of the bottom Rebound below, that is, out of a wave of Rebound correction, this wave of rise rhythm is the long head of the counteroffensive or the short of the Rebound correction, now it is necessary to confirm according to the intraday trend, if it can further pull up to break through 64500, then turn to the long, if the upward is not broken for a long time, then enter the fall trend from the new, before going out of the direction, we first treat it with the idea of short term high short low long.
In general, alt coins do not have good performance at all, and what altts have shown is that the AI artificial intelligence zone is a short-lived Bull Market stimulated by NVIDIA's AI conference, and then there is a wave of SOL and related ecosystems, in fact, there are many longest narrative coins in alt coins at this moment have been whipsaw in place, very operable, AAVE, LTC, SOL, JTO is actually more resistant to fall, and the encryption market after Halving will also be the season of alts, and long coin kinds need to be laid out in advance, and I don't know how to choose coin kind of attention Yibo said coin analyze it for you!