The price trend of altcoins has always been a rapid rotation trend with the fluctuation of Bitcoin (Bitcoin). Take Binance's two new coins, ACT and PNUT, for example. Today, they both rebounded.
However, during the US market trading session last night, although they rebounded, the volume of their rebound was relatively scarce, so we need to pay close attention to whether this rebound trend can continue.
Judging from the 4-hour level trend of the candlestick chart, ACT and PNUT may be building a bottom pattern. 👗+: Dir4400
At present, the pressure level faced by ACT is around 0.49, while the pressure level faced by PNUT is around 1.3. To achieve further upward trend, both coins need to break through their respective pressure levels in large volume during subsequent transactions.
So, when is the right time to buy these two coins? For investors, you can choose a continuous buying strategy, that is, gradually full position layout when the market is in the left stage; and when the market enters the right stage, you need to wait and see, waiting for a clearer buying signal to appear.
It is important to remind you not to simply compare ACT and PNUT with the previous PEPE, because they are in completely different market cycles.
ACT and PNUT are new asset classes that have emerged in the bull market. Given that the overall market is currently showing an upward trend, they are likely to become the main varieties of the market. Therefore, from a stability perspective, they will not collapse as quickly as some other currencies. #币安BNSOL质押PYTH #市场回暖新机遇