Market Review
Yesterday, BTC continued to rise, with a somewhat aggressive trend, exceeding expectations, related to the relaxation of tariffs, and still needs to pay attention to the tariff process and the Federal Reserve's interest rate cuts. A mild correction is expected during the day, and previously accumulated positions can be appropriately reduced. The big cycle market is recovering, so wait patiently
The secondary market followed BTC and rose synchronously, with a larger increase than expected. Those who entered earlier can appropriately reduce their positions, wait patiently for the big market to stabilize, and expect a mild correction during the day, with a recovery-type market
Altcoins followed the mainstream and rose moderately, with a small range. Patiently wait for the mainstream to stabilize before taking action, focusing on the primary market. BSC has become more active and is about to start directly buying MEME-type coins. The BSC ecosystem is expected to recover, and CAKE can be considered, which is currently healthy. SOL's on-chain activity has somewhat recovered, and more attention can be paid to MEME coins. For those with existing positions, wait patiently for the market to warm up
Today's Focus:
BTC is in an overbought zone at 1-hour and 4-hour levels, returning to a healthy level on the daily chart. A mild correction is expected during the day, with support at 91,000-91,500 and resistance at 93,500-94,000
ETH is in an overbought zone at 1-hour and 4-hour levels, returning to a healthy level on the daily chart. A mild correction is expected during the day, with support at 1,650-1,700 and resistance at 1,800-1,850
