Time is running out for retail investors on Wall Street! Quickly follow the Prince to ambush doubling coins!
Starting today, normal work resumes. However, only institutions are working, and the vast majority of Americans, or half of Europe, are on holiday. Just because institutions are working doesn't mean there will be significant net inflows, so moving sideways or experiencing a slight decline is very normal. This downward trend may be more pronounced in some weaker altcoins.
Don't panic just because there's a drop; if you compare these two trend lines on the 4-hour chart, there’s no horizontal breakout or breakdown, and until we see two consecutive 4-hour closes above, there's no need to panic. Last night, Bitcoin tested the 971 range again without breaking down, and it managed to close back above the 4-hour midline. Currently, it is holding around the 4-hour midline without volume, and holding here is already quite good.
Many altcoins have rebounded by 20-30% from their bottoms. Although they still belong to the 'relative bottom' on the 8-hour and daily charts, the advantage of chips is not so obvious anymore. Let's observe the situation of institutions tomorrow before deciding which vehicle to board, rather than randomly jumping onto one now.
The Prince continues to lead everyone to ambush doubling coins; lock in the Prince's live room, and of course, you can also check out the Prince's free strategy channel!
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