Market Insights Pullback after a rebound? After yesterday's spike, I did some bottom fishing, with some profits from coins like SOL, AVAX, and FARTCOIN. The bottom fishing position for BTC is average (118500) and currently has only a slight profit. I previously anticipated that after Bitcoin's decline, altcoins would relatively resist the drop, which has now been confirmed. I believe that the rebound from this spike has not yet occurred, with a minimum target around 119700. There is a high probability of filling the 120800 range, so I am still holding my long position in Bitcoin. Based on my assessment of the relative strength of altcoins, I am also holding long positions in altcoins. If OTHERS enter an overheated phase again, I may reduce my position by 50%. ETH is currently uncertain. I believe there is a high probability it can rebound back to the previous high range of 4780, and there is also a possibility of a spike breaking through to 48-49. I expect that if a spike to 48-49 occurs, it may be rejected and then decline. After the pullback in early August, the overall trend has maintained an upward state (especially Ethereum). I believe that a one-sided rise will not continue indefinitely, and a pullback is reasonable. There may be a significant pullback at the end of August or early September. Ethereum may retest the lower range of 3800-4080, and if it reaches that, it would be a good golden opportunity for bottom fishing. Altcoins will also provide good bottom fishing opportunities. This pullback should be the final blow-off top phase. This article is sponsored by #BCGAME | @bcgame @bcgamecoin