Xiaoxian has something to say
The altcoins seem to be standing at the crossroads of fate now, and the atmosphere is so tense that you can hear your heartbeat!
Look at our retail friends, each of them is like an eggplant hit by frost, and their confidence is about to fall to the ground. You post a market analysis and want to talk about the prospects of the project, but the comments are either "haha" or "go away". This treatment is even more biting than the cold wind in winter!
But do you know? In this wailing, the market guy is quietly brewing a big move! Just like the proportion of Bitcoin market value to altcoins, a look at the monthly line, hey, it's almost to the "suppression line" again. Remember the last time it touched this line? The altcoins took off directly and reveled for a while!
So, we have to be patient and don't be fooled by the current downturn. Now the prices of these high-quality altcoins, looking back in the future, are simply floor prices! Moreover, Ethereum's ETF funds are still hovering at the door, what does it mean? Confidence, that thing is still there!
Of course, we have to prepare for the worst. If the market continues to fall like a headless fly from the second half of this year to the first quarter of next year, then we should not fight to the death. We should withdraw when necessary and let the dealers play house with their Bitcoin and Ethereum.
However, I always believe in my heart that the darkest time is often the omen before dawn. The emotions of retail investors and the state of the market are the most real weather forecast. Now let's keep a steady mind and wait for the magical moment of "bottoming out"!
