The rise and fall of altcoins shows a recurring 'Christmas rally'! Is the altcoin market calm? In reality, there are undercurrents!
Recently, the performance of altcoins has once again shown significant divergence, as if a carefully orchestrated 'Christmas rally' is being reenacted. In this war without gunpowder, some coins are advancing rapidly while others fade into obscurity. Today, let's unveil the mystery of the altcoin market together!
In this market divergence, a group of coins has almost completely recovered their losses, and some have only slightly declined, making them the best performers in the market. They are SUI, TURBO, AAVE, ENA, OM, and RAY. These coins seem to possess some mysterious power, maintaining steady performance regardless of market fluctuations. They have not only withstood the market's shocks but also demonstrated strong vitality in adversity!
Of course, not all coins are so fortunate. Some coins have pulled back 40%-50% from their recent highs, making one lament the ruthlessness of the market. ADA, JTO, and AVAX are among them. These coins have shown significant pullback pressure after their previous large gains. However, a pullback does not mean failure; they are looking for new support points to gather strength for the next round of increases!
The most lamentable are those coins whose prices have already fallen back to their starting points. Coins like W, WIF, BOME, and RSR seem to have gone through a rollercoaster journey, ultimately returning to the starting line. However, the market is always full of variables, and although these coins are currently underperforming, they may still face new opportunities and challenges in the future!
The rise and fall of altcoins is a normality in the market and a reality that investors need to confront. Only by staying calm and analyzing rationally can one remain invincible in the market.