Opportunities and risks in the altcoin market

After the sharp drop on December 9, the altcoin market has been in a volatile adjustment for nearly 10 days, and most altcoins are now undergoing a "second test". The trading volume of this test is relatively small, indicating that fewer people are selling.

Previously, Bitcoin had a small correction around November 22, after which altcoins generally rose.

Now, Bitcoin has shown signs of a correction again, and altcoins may rise again after completing this test.

However, it should be noted that the current market is somewhat different from that time:

Now the supply of USDT is growing slower than before, the money in the market is not as abundant, and the liquidity is also worse.

At that time, Ethereum had just started a new rise after a round of adjustments, and now Ethereum's performance is not as strong.

Therefore, there are both opportunities and risks in the altcoin market. You can try to find trading opportunities, but don't be too optimistic or too aggressive.

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