As geopolitical tensions in the Middle East escalate and risk aversion spreads, the cryptocurrency market has seen a significant decline recently. In particular, the sharp drop in altcoins is mainly due to the return of funds to Bitcoin (BTC).

This phenomenon is not new. It has been the case in every bull market in history. After attracting retail investors, altcoins tend to flow back to BTC after a round of harvesting, forming the core of market stability. Only when BTC remains strong can the cryptocurrency market remain vibrant and prosperous.

Although the current market seems to be sluggish, it is actually a good time for investors with funds to buy at the bottom. Of course, buying at the bottom also requires good risk control and position management to avoid blindly following the trend and causing losses.

When choosing a bottom pick, there are several coins worth paying attention to:

This one

The background of investors is amazing, with giants such as Binance, OY and Kraken participating in the investment. The founder is from Wall Street and has worked in Morgan Goldman Sachs and Citadel successively. After raising 6.5 million in seed rounds, it raised another 14 million US dollars, which further proves the attractiveness of ENA. We expect it to become this year's 100-fold dark horse.

ok

Wall Street Capital, regular army, endorsed by the US government, Coinbase's own son, CB's RWA project, also cooperates with Sol, Wall Street Jump market maker TIA Sol Sei has this market maker behind it

Jupp

The largest DEX and aggregator on Sol has a transaction volume second only to Uniswap and far exceeds Cake. As a hot star in the Solana ecosystem, Jupiter has already established a firm foothold in the DeFi field although it was launched not long ago.

BE

With the participation of top investment institutions such as Jump and Multicoin, it has received $85 million in financing. Compared with other new chains, it has a huge advantage. You can invest as little as $0.5

PUT

Web3.0 + Layer2 + DAO is the rising dark horse of the public chain. Behind it is the mother of Ethereum founder Vitalik Buterin, Natalia Ameline, and her friends who support the project.

In the current cryptocurrency market, although risks and opportunities coexist, as long as you are fully prepared and have strategies, bottom fishing is still an option worth considering. Of course, investment is risky, so you need to be cautious when entering the market.
#etf #比特币减半