Bitcoin's Correction and Altcoin Strategy

Yesterday, Bitcoin tried to break through the key resistance level of 73,000 twice, but failed. It is currently in a mild correction. However, there is no need to worry too much, as the current correction is still within the overall upward channel.

Tonight's strategy is to consider buying on dips when the price falls back to the 70,300 to 70,800 range, and pay close attention to the important support level of 69,600. If the price falls below this level, the strategy needs to be adjusted in time.

It is expected that most altcoins will follow Bitcoin tonight for a correction. Therefore, it is recommended that friends who hold altcoins remain patient and wait for subsequent rebound opportunities. For friends who have not yet laid out altcoins, you can consider building positions in stages after the correction is in place to diversify risks and capture potential rising markets.

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