Have you noticed a phenomenon that the volatility of altcoins is less than or even equal to that of Bitcoin?
Generally speaking, when Bitcoin drops by one point, altcoins drop by at least 3 points, and now they are almost flat, what does this mean? Everyone should think about this question seriously.
After two consecutive rounds of sharp declines, altcoins have almost reached a position where they can no longer fall. Unless Bitcoin has a new round of sharp declines, such as falling to the range of 52,000, it is difficult for altcoins to fall sharply.
Therefore, at this time, it is best not to cut losses. In view of the stability of altcoins, altcoins may usher in a wave of retaliatory rebounds in the future.
However, any prediction of future market conditions is risky. What we can do is to control our positions. Regardless of whether the market rises or falls, we can deal with it freely.
Never bet on the rise or fall of the market. This is the way to survive in the currency circle.
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