Was last night's market action exciting? Brothers. How did it rise, and how did it fall? Last night's manipulation was to clear the liquidity above the key level. If it really wants to rise, it can't pull up and then reverse to sell off.
Bitcoin reached a peak of 90300 at the previous resistance level, then quickly fell back to test the support at 85000 again. Fortunately, this level was not broken, leading to a rebound. Currently, the support at 85000 has been tested three times. Everyone knows that if a support level is tested multiple times, the risk of it breaking becomes higher.
Pay attention to 87150 this afternoon, which is the neckline for Bitcoin; this is the dividing line for Bitcoin's short-term fluctuations.
Now let's take a look at our altcoin. The altcoin has dropped quite significantly. The triangle pattern has been broken, and it has also fallen below the previous low, creating a new low. If Bitcoin's hourly chart cannot hold above 2840 during a rebound, then the risk of the altcoin continuing to drop will not be alleviated, and hitting a new low is only a matter of time.
I suggest waiting until tonight.
