From my personal perspective, now is a good time to buy strong altcoins at the bottom. Why? Let me explain from the following points:
1. Market Situation: Although the price of $BTC is still at a high level, $ETH has already decreased, and many altcoin prices have also fallen back to the levels of December 9, or even lower.
2. Market Sentiment: Due to the uncertainty from the Federal Reserve's meeting early this morning, Powell's speech, and Japan's possible interest rate hike, the market is experiencing strong risk aversion.
3. Holiday Impact: With Christmas and New Year's approaching, market liquidity is low, U.S. stock markets are closed, and the market is heavily influenced by retail investor sentiment.
4. Future Trends: Although the current trend is still upward, the real bull market may occur in January and February of next year, when the new president and SEC chairman take office, potentially bringing new speculation and trend movements.
5. Bottom Fishing Strategy: Now is the time to buy at the bottom, but specific operations and position control need to be determined based on individual circumstances.
6. Choosing Coins: I recommend paying attention to strong coins, primarily focusing on popular sectors such as public chains, AI, and MEME coins.
In short, now may be a good time to buy some strong altcoins at the bottom, especially in the fields of public chains, AI, and MEME. For specific coins to buy, you can check out the posts I made today, like PNUT, ACT… analysis, don’t miss the opportunity…