The bull market is too fast, and posting may delay time, so today's analysis will be briefer.
Analysis of the market and altcoin trends:
The current market is very fast, and the daily profit-taking and position-changing operations can only be shared in the group. Next, we will continue to analyze the trends of the market and altcoins, which indicates that the next market will see a BTC correction and altcoins will rise. This "magical" situation deserves everyone's attention.
Looking back at the market from December 2021 to February 2022, this is a period worth referring to. By the end of December 2021, the market began to fluctuate and adjust, and the adjustment was not completed until February. It stands to reason that when the market fluctuates or falls, altcoins should fall sharply, but in fact this is not the case. At that time, BTC had already risen a lot, and the sentiment of altcoins had just begun to heat up. The market value of BTC reached its highest point, and then began to enter the downward channel. At the same time, the altcoin market gradually started, and high-quality altcoins such as BNB and SOL began to rise.
My point of view:
Now is a good time to "ambush" high-quality altcoins. For those currencies that have risen several times, at least consider selling them and keep them stable. If they have risen too much, you can consider selling them all and switching to those high-quality altcoins that have not risen yet. In other words, it is not suitable to take profits or reduce positions in those altcoins at present, because they have not risen to the height they should be.
In summary, follow the market rhythm and wait patiently for the rise of high-quality altcoins, rather than rushing to take profits. Only by maintaining flexible operations can you seize more opportunities in this bull market.
