Altcoins are undergoing rapid rotation along with the fluctuations of Bitcoin. Today, BN's new coin Gemini ACT PNUT had a good rebound. It is nighttime in the US, and the rebound has not exploded. We need to observe the continuity of the rebound;
From the perspective of the K-line structure, there is a possibility of bottoming out at the 4-hour level. The upper pressure level of ACT is 0.49; the upper pressure level of PNUT is 1.3. It needs to break through the pressure level in large volume to increase the possibility of rebounding and reversing;
Don't use these two coins to compare PEPE, because the cycles are different. PEPE first developed on the chain, and then completed the last wave of outbreak on BN in May 23, and finally caught up with the overall large-scale adjustment wave of the market, so it has been adjusted until 24 years before the outbreak;
ACT and PNUT are "new assets on the chain" that appeared at the beginning of this bull market. They are at the stage where the overall market is upward, the BTCD indicator has just gone down, and the cottage season has begun. According to the practice of the currency circle to speculate on new but not old, it is very likely to become the main plot, and the main plot will not die after a wave of online pull. This is the underlying logic of trading these two currencies.
