The altcoin sector follows the mainstream with a synchronized pullback, with most altcoins experiencing significant declines. Many altcoins have entered an oversold state in the 4-hour timeframe. Those with positions can accumulate in batches and lightly engage, with hopes of a rebound during the day. This is the ultimate shakeout before the altcoins explode. Hold the last drop, continue to hold SATS. There was negative news about the inscription sector yesterday, which was not sent from Binance's official Twitter, so it should not be referenced. Those with confidence can continue to hold. If it rises to around 50, it’s advisable to clear positions. Mid-term holding could see targets around 80. After reducing positions in CKB, continue to hold and wait for ecological explosions. Those still holding FTM can reduce their positions, and POLYX can continue to hold.
ACT continues to hold, as the community building is very good. New track, new sector, AIMEME series. Currently, GOAT has not yet entered the large market with a market cap of 1 billion. ACT is expected to become a new leader, with the potential to reach a market cap above 1 billion. Those who are accumulating should do so wisely.
Fundamental news: Today's CPI data is released, need to pay attention.
Primary market information:
Continue to pay attention to RGB++, recent popularity is not very good.
The rune market has seen some recovery; for those who previously bought DOG, it is advised to hold long-term.
Recently, the on-chain MEME sector remains hot; continuous attention is required. DOGECAST has a good narrative and can be considered for ambush, waiting for the narrative to start.