The situation is that last week, the entity #BTC still maintained the upward structure on H4, at the price range of 66k just now, so we will wait to see if the entity continues to rise past the peak of 74 from last week. As long as the structure of higher highs and higher lows is maintained, we can be reassured. However, if at the beginning of this week it does not rise above the 74 range, then... well, you all should strongly consider shorting for me. Because the current chart resembles the surge to 98k back in January a lot. The plan for this week is still to rise at the beginning of the week until Wednesday, then adjust again on Friday. Just like last week, if it rises past 74, it will go to 80, but if it can't break through, it will drop back to 65, and if it breaks, then 69-61 or further down to 5x.
Most altcoins are forming bottoms, but many are not able to break out of the D frame. This is also a not-so-bright sign for those who are hoping for a miraculous pump of altcoins. The immediate plan is still to follow the H4 rhythm, waiting to maintain the structure of the D frame before holding long. Anyone holding spot should observe carefully this week and set their SL carefully. $BTC if it drops below 65k, then altcoins are likely to follow suit easily.
By the way, I am currently shorting some coins that I longed last week :)))
Tonight or tomorrow, if I have free time, I will find another coin to long after. Does anyone have any suggestions for me?
One more reminder probably isn't unnecessary: This is a personal perspective, NFA, you all analyze, manage your capital, consider risks on your own, and set your SL. Each person's progress is their own, and each person's money is their own to calculate.