Early this morning, Bitcoin suddenly dropped 5 percentage points, while Ethereum led with a 3 percentage point increase.
1 In the past, when Bitcoin experienced a sudden drop, altcoins would typically plummet as well. However, in yesterday's situation, there was surprisingly no major crash, as most altcoins remained stable, indicating that market sentiment is still bullish at this stage. Ethereum is leading the way, with some coins rising first, such as CAKE, 1INCH, SUSHI, UNI, etc...
2 The old cat believes that the current situation is still an opportunity; there will continue to be short-term consolidations, and some profit-taking will occur. However, the possibility of a major crash is not very high unless unexpected situations arise. Long-term, the outlook remains bullish; at least the first half of next year still presents an opportunity!!!
