Let me briefly describe today's trend. Sometimes, be patient. After the first decline, there's often a second, deeper correction. I still have 50% of my position, so I'll wait and see how the market moves.
Don't watch Bitcoin today for now. There's still a chance it could break through 117, and it looks like it's going to remain strong. On the daily chart, Bitcoin has weakened. The strategy for Bitcoin in yesterday's video hasn't reached 1161 yet, so we're still bearish. We'll keep an eye on today's weekend close and tomorrow, Monday.
The bottom support levels are around 1151 and 1142. A reasonable retracement to 1142 is a good technical retracement.
Ether's first dip near 4700, followed by a break to around 4620, was a positive outcome. However, both the high and low fell ten dollars short of my expectations.
Ether still needs two days of daily adjustments. 4720 is a short-term reversal point. A break above could potentially end the impending decline, but the likelihood is low. Watch for a rebound near 4680. This round of trading still sees a decline around 4570 or around 4520 for Ether (Ethereum Extreme), ending the decline and continuing the upward trend.
There's still disagreement on the altcoin market, and Monday will be crucial. Some altcoins will see a good rebound today, and I'll be screening out the next market hotspots in the next few days. #FederalReserveCutExpectationsRising