The fluctuation of altcoins follows the rhythm of Bitcoin (BITCOIN) and rotates rapidly. The new coins ACT and PNUT launched on Binance have rebounded today. Although the rebound of US stocks after the market has occurred, the trading volume is low, and it is necessary to observe whether it will continue.
From the 4-hour K-line, it may be bottoming out. The pressure level of ACT is 0.49, and that of PNUT is 1.3. If it wants to rise further, it needs the cooperation and breakthrough of trading volume.
Regarding the timing of entry: continue to buy in batches, gradually increase positions on the left side, and wait and see on the right side, and operate after the market is confirmed.
Unlike #PEPE, these currencies have different cycles. ACT and PNUT represent emerging assets in the bull market. If the market rises, they may become mainstream assets and are not likely to experience a sharp correction in the short term.
