In this round of market downturns, every time Bitcoin drops, it can bounce back, but altcoins continue to hit new lows. WLD has fallen below 2, and ORDI, SATS, and BOME have all plummeted badly. Fortunately, these are spot trades, unlike HeYue, where the Bitcoin price hasn't changed, but positions are gone.
Currently trending memes. Ethereum only has Neiro, while SOL has a bunch of golden dogs, hippos, goats, bans, mews, etc. So every time after a drop, the rebound is the fastest. However, in this PVP market, it feels like there are no winners except for the project-launching dogs.
The market has been down for 7 months now, and there hasn't been a decent rebound in between. With November and December approaching and the New Year just around the corner, there's not much time left for a rally. Last night I even dreamed of BTC breaking 70k. Big funds are waiting for the results of the U.S. elections, the interest rate meeting, and our country's fiscal stimulus plan. The timing aligns with the U.S.; we have just one week left to look forward to it together.
