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Short-term boring market, stay patient and wait for the rebound
$BTC In the short term, it fluctuates back and forth between 88,000 and 90,000, and many people's confidence in the market has been halved. The more timid have already liquidated and left. Actually, I think most retail investors want to run away at this point, but many are trapped in their positions and can't leave, so they can only endure and wait.
In the short term, as long as BTC does not effectively break below 87,000, the structure remains intact. What we are waiting for is still a rebound, with the target first around 92,000.
In this small-scale rebound market, altcoins usually look a bit better than before, especially some more mainstream ones like SOL, XRP, LTC, CRV, HYPE. Among these, I want to highlight LTC, which is a bit different. LTC shows very obvious CVD on high cycles, indicating sustained active buying pressure, which increases the probability of a rise. It doesn't look like a pure follow-up rebound, although its current performance is very poor.
Throughout the weekend, the probability that mainstream altcoins will have a rebound window is not low. Be patient and wait. $BTC $GT $ETH #Gate廣場創作者新春激勵