The market storm is coming this week, and those who are ambushing altcoins should seize the opportunity!

This week will usher in a wave of important data. The election results and the Federal Reserve interest rate meeting will be announced soon. It is expected that market volatility will increase significantly. Everyone should fasten their seat belts, manage their positions well, and avoid the risks brought by ups and downs. Recently on Polymarket, Trump's winning rate has dropped from 67% to 54.5%. Affected by this, BTC has also pulled back from a high level. At present, BTC closed with a long upper shadow last week. Although it closed above the channel, if it returns to the channel, it may fall back to 66,300, or even further to 64,500. If the limit drops to around 62,000 (ie MA200), the upward trend will face a test and re-enter the shock wash.

Compared with BTC, the Ethereum exchange rate continues to fall, causing most altcoins to hit new lows. If you want to access altcoins, at least wait until Ethereum is above the four-hour EMA15 before considering it. Yesterday, Ethereum hit a low of 2356. The recent gains of many altcoins have basically been given back. The short-term trend is like a roller coaster, rising fast and falling faster!

This week's trend will set the tone for the next few months. Today's US election and Thursday's Federal Reserve meeting will cause greater volatility. The election results will definitely have an impact on the short-term market, but in the long run, no matter who comes to power, the general trend will still go in the original direction. After the uncertainty of the election is eliminated, the market pressure will be reduced and it is expected to regain some vitality.

Now is a good time to ambush and enter the market. If you are interested, follow