๐ Altcoin Update: Time to Buy? ๐
Recent trends in the altcoin market present a potential buying opportunity. Hereโs a snapshot of the current situation:
- ๐ Recent Declines:
- Many altcoins are down 60-80% over the last couple of months
- Several have already hit their bottoms and are now in favorable buy zones
- ๐ BTC Dominance:
- Currently at a major resistance level
- Historically, massive altseason rallies have started from similar resistance points
- ๐ ETH ETF Update:
- The ETH ETF was approved a week ago
- Based on past trends, expect a potential ETH rally around August 5-10
- For reference, BTC saw a 90% increase 15 days post-ETF approval
- ๐ฎ Altseason Prediction:
- An ETH rally could trigger a significant altseason
- Many have lost hope, which might create a prime investment opportunity
๐ Investment Tip:
- Investing now could yield substantial returns over the next 6-8 months
๐ก Top 20 Altcoins:
- I've included 20 altcoins in my portfolio, and here they are for your reference. Always do your own research (DYOR) before investing!
Stay informed and make strategic moves in this evolving market!