ETH rebounds, is L2 showing its voice?
After the article we posted yesterday discussing our sluggishness compared to the overall market. Today, ETH has surged 10% in just 12 hours, pulling the entire L2 coin ensemble up.
OP has led L2 with an increase of over 30% in just a few hours, closely followed by tokens from the same system that also saw growth of over 10%.
The sideways movement of BTC at the peak, along with the reduction in DOM when reaching the 61.8 - 62% mark which we warned about from the previous cycle, has yielded clear results.
However, you should avoid FOMO as BTC is nearing an RSI of 80 and could adjust at any moment. These adjustment periods are suitable for you to restructure your portfolio.
Wishing you a successful uptrend season.