Madman says...
When capital is active, the weekend market for small coins won't be too bad, but these past two days have clearly shown no profit effect, with only the large coin struggling to support. The support for the large coin comes from the spillover effect of Microstrategy being added to the Nasdaq 100 on Monday, and ETFs are expected to continue inflowing. Meanwhile, the Federal Reserve is expected to complete its interest rate cut in December (the probability is already close to 100%), so before the real pullback, it is still possible to make a new high, but the height is not worth expecting.
As for Ethereum, it hasn't moved much this round, but a rebound past 4000 shouldn't be far off. I plan to set a contract to ambush a wave.
For small coins, you can ambush those related to Ethereum, restaking, layer two, and DeFi categories, as they have the opportunity to follow ETH's strength.
As for whether small coins can still experience a general rise, it may be necessary to pay attention to whether previous large capital holders XRP and DOGE can pull a new high in the short term to release liquidity, or if ETH's rise can also release liquidity.
It will take time until the next risk release, but essentially we have entered a stage of licking blood on the knife edge, looking for good targets, and short-term trading with stop-loss is advisable.
Disclaimer: The article only represents the author's personal views and opinions, not those of Block Guest. All content and opinions are for reference only and do not constitute investment advice. Investors should make their own decisions and trades; the author and Block Guest will not bear any responsibility for direct or indirect losses incurred by investors' trades.
"[Madman Says Trend] Before the real pullback, it is still possible to make a new high." This article was first published on (Block Guest).
