Currently, altcoins are still far from the 120-day moving average, and they have not yet exited the risk period. There are two possible paths ahead:

1. Rebound to below the previous high and consolidate sideways for correction. As the 120-day moving average moves up daily, the price will naturally revisit the area near the 120-day moving average in 30 days, thus correcting the deviation rate without needing to drop!

2. If the rebound does not break the new high, continue to sell off until it reaches the vicinity of the 120-day moving average and reverses! #XRP逆势反弹 #美联储12月降息预期上升 #BTC重返10万 #加密市场反弹 #DeFi全线飙升