Market Analysis 7.27
Good morning, brothers. The market is very awkward now.
BTC has rebounded a lot, but the altcoins haven't caught up yet.
When the altcoins are about to attack, BTC will be sideways at a high level and will be adjusted at any time.
As a result, the altcoins that have just chased the rise will be trapped by the decline of BTC.
Don't think too much, brothers, don't expect a big surge directly.
If BTC rises another 10% to around 73,000, the altcoins will face great risks.
Mentougou only moved 50,000 coins, and there are still 90,000 coins that have not moved.
Now we are in the stage of digesting selling pressure before dawn,
which requires time and patience.
If you don't buy now, you will miss the opportunity, and chasing high will be trapped.
Just hold the spot and wait for the opportunity.
If BTC pulls back, don't sell at the bottom and be scared away.
There is a good opportunity to continue to buy at the bottom (BTC falls by more than 5%).
Recommended coins to hold:
ftm, zk, eth, bnb, astr, klay, people