The price of Bitcoin is still at a high level, but some altcoins have now fallen below the low point they reached for more than half of March.
To be honest, at times like this, it is better to seek stability in trading.
There is a major election tomorrow night, and right after that, there will be a rate cut on Friday. These two events are very close together, so many retail investors in the current market are selling off their holdings to avoid risk, which has led to a general decline in altcoins. This is a normal phenomenon.
Given the current situation, it is best not to consider long-term operations. It is better to wait until the day after tomorrow, until the market has digested the most basic reactions brought by the election, and then see which coins can be bought at the bottom.
It is recommended that those who are holding on should not place random orders for the time being. Be steady and patient, and wait two more days before making any decisions.