The focus of today's market is wrong, it's not BTC Sideways, but altcoins' rally. It's my fault for not adjusting my direction in time.

I said on Sunday that before the rise, I would focus on BTC in the early stage and altcoin in the medium term. But when it comes to the actual trading process, there was a problem with the focus on monitoring the market.

In the morning, the analysis shows that the market accelerates to the 62500-63000 range and becomes weak, indicating that the market has turned into a Sideways at a high level. However, it is likely that it will be stuck, so it is recommended to reduce positions and continue to observe the trend of BTC.

But the real opportunity is still there. The market is obviously dominated by longs, and funds definitely want to go long. Since BTC can't go up, funds will definitely consider altcoins for a rebound.

So, you should find some altcoins that may rebound, either with high stealth recognition, or wait for the moment to get on board with altcoins that are about to launch. Every time BTC rebounds, it's clearly a good opportunity for altcoins to launch, until many altcoins such as TURBO, RATS, SATS, etc., rebound, only then do you realize that you missed the best opportunity for a rebound.

However, whether altcoin can be chased after the rebound, I have not analyzed my trades clearly. Mainly due to different stages and intensities, too few historical records, and need to observe for a while. I personally think it's a fish tail market, and there may be a risk of fallback later. If it's a big bull, there may be a high probability entry point.

I have taken notes on such situations, constantly reflecting, and striving for more accurate analysis next time.