Will December be a correction or a surge?
ONDO surged 40%. This breeze of the altcoin season brought NULS, CETUS and WIF!
Which sector will the next wave be in?
With a strong rebound in ETH, some altcoins have also seen a certain increase, so a small adjustment is normal.
The real bull market for altcoins is brewing. A proper correction will not affect the general trend of the next bull market, but will provide opportunities for small retail investors like us.
And after more than ten days of rise, the prices of most altcoins have reached the neckline with relatively strong pressure.
Currently, the price fluctuates near these necklines and has not quickly chosen to continue to break upward.
The indicators of most altcoins at the daily level have shown varying degrees of overbought signs.
Moreover, there has been no decent correction trend in the past two weeks.
Bitcoin fluctuates at a high level, and Ethereum's compensatory increase is also relatively large. The daily line is also overbought, and the price has reached the previous high point.
After a wave of corrections and then continuing to rise, such a trend will be healthier.
Contract players who chase high prices need to be extra vigilant, especially investors who hold high-multiple contract long orders.
If Bitcoin and Ethereum choose to fall and adjust, then the altcoins are likely to take the opportunity to smash down, and the volatility will be relatively large.
However, spot investors do not need to worry.
This round of altcoin market will continue, and the decline will give you the opportunity to buy spot stocks.
Just buy in batches when the market is low. At least until the first half of January, altcoins will continue to rotate.
It's the end of the year, everyone is eating meat and preparing for the New Year.
It's about to prepare for the layout of the next potential coin, and it's no problem to double it!
The same news, layout, opportunity, fans first.
