Market View

B and E diverged due to news developments, BTC.D rebounded.
After being rejected around 112500 on Wednesday night, BTC fell, and most altcoins adjusted accordingly. The rebound of US stocks on Thursday night was actually quite good, and it is worth noting that BTC and ETH showed a noticeable divergence, mainly due to news events.
Today's rebound of Bitcoin (~111800) shows that Ethereum is relatively weak. Most altcoins are also relatively weak, indicating that altcoins still follow Ethereum's movements.
The main reason is that the regulatory requirements in the United States seem to have delayed the financing speed of subsequent coins and stocks like BMNR, which has affected everyone’s confidence in Ethereum.
As a result, BTC.D has begun a rebound. I believe that if the rebound continues, the main battleground above is around 59.9%, which is also a better position for us to further increase our long-term positions. (Currently, I am fully invested at 0.7x long-term.)
I believe today's highlight is Bitcoin regaining a position above 112. I think that despite Ethereum's weakness, being above 112 will still give altcoins some room for a rebound.
On the contrary, if Bitcoin is rejected at 112, the already weak altcoins may decline further (Bitcoin rising while altcoins do not follow is a dangerous signal).
We previously went long on PUMP at around 0.34, and it's been one of the most outstanding coins we've held for a relatively long time.
Yesterday, there were quite a few altcoin long positions that hit breakeven losses, but this morning I reopened them at a low point, observing whether there will be a subsequent rebound. If 112 is rejected, I might exit breakeven again.
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