Is the Christmas market only for BTC?
What happened to altcoins?
🔴 Current Stage:
High-cost stage
I mentioned 10 days ago that it is almost impossible to make a profit in the three stages
📈 BTC.D Trend:
Continuously rising, in a sucking market, but needs attention
BTC has shown potential volatility warnings, large fluctuations may be coming
🎯 Upper Target:
Position at 115,000. Upon reaching this position
BTC holders may consider taking profits of 5%
🌈 Market Pattern:
Currently, the total market value of altcoins is stable at 1.56T, and BTC's market value share is increasing. Although ETH is weakening
📊 Technical Analysis:
BTC 4-hour chart shows a short-term bearish trend
Only if the 4-hour close falls below 104,000
Short-term upward correction will oscillate
Recent Sentiment:
The market has become dull and boring, almost no one can make money
🌐 ETH SOL:
Waiting for trading signals 📶, keep patience
💡 Importance of ETH:
Historical experience shows that altcoin surges require ETH support
Currently, ETH has not yet broken through the high from 21 years ago, but we cannot take it for granted; in March 24, ETH reached 4000 and stopped rising. Trading cannot be one-sided
Altcoin Market Value Warning:
In the last bull market, altcoins averaged a rise of 10-20 times, this round only 2.6 times. Be cautious with small coins, doubling with a careful 0️⃣ cost strategy is the best risk control strategy
🎄 Christmas Market Expectation:
Originally expected to take profits on the 22nd
Now there are changes, need to pay attention to the changes in expectations from tonight's meeting
⚠️ Altcoin Risks:
Currently, altcoins still have a downside potential of 10%-15%
Plan ahead for yourself