AI Tokens Plunge, Opportunity or Trap? TAO, FET, and RENDER have experienced short-term corrections, and a good opportunity for bargain hunting is coming!
Market volatility intensified, and the three major AI tokens—Bittensor (TAO), Fetch.ai (FET), and Render (RENDER)—all suffered significant corrections. However, behind this seemingly unfavorable situation, there may be an excellent opportunity to buy at a "discounted price". After all, price adjustments tend to accumulate power for bulls and breed the next rally.
TAO: Is the correction after the sharp rise ready to go?
TAO's recent 200% increase shocked everyone, but the short-term correction is a healthy consolidation period, and a bull market flag is forming. Despite the weakening trading volume, TAO is expected to move toward new four-digit highs once it breaks out of the current consolidation range. However, remain cautious and pay attention to the fluctuations of OBV. Once support falls, consolidation may continue.
FET: A rebound opportunity in a downtrend
The FET has been testing lower support in a rising wedge, which could pave the way for a rebound, although it is currently under bearish pressure. The key support at $1.4 is the bulls’ last line of defense, and once the temporary resistance zone is broken, the price could quickly rebound above $1.7. However, the RSI is biased towards the bears, so we may still have to wait and see in the short term.
RENDER: Strong support and stability, rebound and gain momentum
RENDER is holding on to support at $5.1 despite being under pressure from the selling pressure of the past few days. Although the bearish signal is significant, the long-term bullish trend has not changed. After short-term consolidation, RENDER is expected to strengthen again and return to its upward channel.
Is the decline a gift? Or a trap? Investors need to be careful, seize low-level accumulation opportunities, and maintain a flexible operating strategy! The market often creates opportunities in panic!
#美国大选如何影响加密产

#美国大选2024
#美国大选如何影响加密产

The 2024 US presidential election is coming soon. The results will be announced on November 5th, and it is now entering the final sprint stage.

According to market data, Trump's chances of being elected are as high as 66.3%, while Harris's approval rating has dropped to 33.8%.

Judging from the data, Comrade Chuan Jianguo is already far ahead, but what will the final result be? Will there be a situation similar to the last time of the Yinbing voting? ? Let's wait and see!

In fact, everyone knows that the US election is just like that. It is not real democracy, but a myth made up by capitalists for their own interests. The political game is ultimately a game of capital and a division of interests!

How much do you know about the capital tycoons behind Trump and Harris? Let you know with a picture!

This time Trump may be worthy of Musk's desperate bet. He is willing to support Trump at a high cost, and he is betting on his own future. Musk once joked: If Trump fails, I will be dead!

If Trump wins, Musk will undoubtedly be a big winner. Will DOGE have a big rise? Will it hit one dollar as some experts say?

I think it is unlikely to hit one dollar, but it should have a good performance. However, returns and risks coexist, and investment must be within your tolerance.

Whether Trump can win is uncertain, everything is possible!

So everyone must pay attention to risks and keep the principal to embrace the bull market after the election.

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