$BTC has broken through the original oscillation box range and welcomed an upward trend, while altcoins have been drained again. We can start to position some altcoins at this time, waiting for the next oscillation day of Bitcoin when altcoins will explode. Let's analyze $ARKM briefly:
Although it experienced a significant drop some time ago, looking at the overall picture, it is still following an upward trend. Therefore, our strategy is still to accumulate positions on dips. We can first enter a position at 1.96; this level is not only the lower edge of the oscillation box but also where Fibonacci 382 is located. Then, we can leave a supplementary position at 1.8 to prevent a spike and average the price.
I personally judge that this coin will oscillate and accumulate for a while before it rises. So if you have entered the market, don't rush; just hold on. If you are trading spot and feel anxious about even a slight rise or fall, then you might not be suitable for this circle!