#CryptoReboundStrategy

The recent drop in the cryptocurrency market was influenced by statements by Federal Reserve (Fed) Chairman Jerome Powell about future cuts in the US base interest rate. After this statement, Bitcoin fell from US$$ 105 thousand to below US$$ 99 thousand, but has already recovered part of the losses.¹

Although the market is showing signs of recovery, it is important to consider that altcoins were more affected, with double-digit drops. However, some analysts point out that these cryptocurrencies can offer good buying opportunities, especially for medium and long-term investors.

Among the cryptocurrencies that can be considered for purchase are:

- _AVAX (Avalanche)_: with a drop of 16% in the last 24 hours, it can be a good option for investors seeking medium and long-term returns.

- _LINK (Chainlink)_: also saw a 16% drop and could be a good choice for investors looking to diversify their portfolio.

Remember that investing in cryptocurrencies involves risks and it is important to do thorough research before making any decisions. In addition, it is essential to consider market volatility and not invest more than you can afford to lose.