🔴|Has the pullback's bullet run out?
————————————————————
In the previous article, we talked about the reasons driving this pullback. So now, is it time to go long? Or should we cut losses?
As the end of the year approaches, BTC has experienced some pullbacks, while altcoins have indeed suffered a waterfall-like halving. However, BTC and some mainstream coins are experiencing pullbacks after breaking new highs. But what about altcoins? They just recovered a bit before being halved again, almost going back to square one.
I have a friend who heavily invested in altcoins in the middle of this year. A while ago, he was close to breaking even, but now he has once again been halved and trapped. You could say he has been running alongside the market almost all year.
At this position, pay close attention to SOL, which is once again touching an upward structural pullback. At this moment, be mindful of whether the support is being sustained. Currently, among mainstream coins, SOL is very worth buying.
Brothers entering the market at this position should pay attention 👇🏻 to the stop-loss yellow line below. If it threatens to reach this line, decisive action must be taken to cut losses.