Bitcoin fell below $95,000, altcoins are in trouble, and the market will still be volatile in 2024!
Recently, the cryptocurrency market has remained stable, but the overall performance has been poor.
Bitcoin is sluggish: Bitcoin fell below $95,000, and the trading volume has rebounded. It seems active on the surface, but it is actually hidden. Funds have flowed out significantly, with a net outflow of $287 million from the Bitcoin ETF, and market sentiment remains cautious. Altcoins are struggling: Altcoins such as Solana, XRP, and TON are facing downward pressure. They have all fallen by about 2% in the past 24 hours. Ethereum barely stabilized, but the overall market was weak.
The recovery of cryptocurrencies is still far away, and investors' confidence is suppressed by fear and uncertainty. If the current market situation continues, altcoins may not be able to make a big difference.
Brothers, what do you think? Where is the next opportunity? Let's talk in the comment area! Follow Uncle Qian and stay at the forefront of the market!
