The latest dynamics of the crypto market have arrived! Trader Eugene Ng Ah Sio has shared interesting insights on the altcoin market. He pointed out that altcoins quickly fell back within 48 hours after forming a lower shadow low, as investors felt anxious about holding spot assets and began to sell off. 😟
The market may enter a prolonged decline or consolidation phase, or experience a sharp sell-off and bottom out in a short period. 📉
For investors, this could be a moment to closely monitor market changes, as the market is always full of uncertainty. 🤔
In any case, staying rational and calm is key to coping with market volatility. 💡