Keep a close watch on altcoins, the 3rd wave market may quietly start!
The current market is in a state of alarm, but careful observation reveals: if altcoins do not follow the decline, the 3rd wave upward trend of the market is likely brewing. The current strongest support level for Bitcoin is $97,500, where over 1.45 million BTC has accumulated, becoming a key defensive line for the bulls. As long as this support level is not broken, the market remains in a healthy structure, and the bull market continues.
For friends who are trapped, do not easily cut losses; the trend still favors the bulls. Once the market rises, the speed of breaking free from losses may exceed your imagination. At this stage, it is recommended to gradually buy strong coins, especially Ethereum (ETH) and Solana (SOL). Among them, SOL has received close attention from many top traders, who believe that below $200 is the best entry area for the bulls.
In a bull market, believe in the power of the trend, buy strong coins at the bottom, and patiently wait for further market increases.