The psychological level of 100,000 for BTC is very important for bullish traders, and every time the price touches it, it attracts a wave of long positions defense.

I personally believe there will be a third test towards the 100,000 mark, and the long positions will choose to reposition themselves lower for defense. Of course, this is just my personal speculation; the market is always right.

A few days ago, during the low liquidity period, the altcoins chose to pump, but only a few of them had sustained pumps. Most of them started distributing immediately after the pump, like the one that caught the attention of people the day before yesterday, and some previous hot coins like ORDI, ACT, etc. can be tried in operations, but if they break important levels, one should withdraw in a timely manner.

We can only wait for opportunities on the right side for the altcoins, as the success rate on the left side is too low and not worth attempting.