Perhaps today marks a good opportunity to buy the dip in strong altcoins. Why do I say this?
Although $BTC is still at the high of 104,800, ETH has already dropped a little bit more. Meanwhile, many altcoins have already smoothed out their recent gains, and today's price is close to the spike on the 12.9, or even below it.
Currently, due to the monetary policy meeting early tomorrow morning, Powell's speech, and the uncertainty regarding whether Japan will raise interest rates, the market is filled with risk-off sentiment. Furthermore, next week is Christmas, and soon it will be New Year's Day. During this period, liquidity is very low, the US stock market is closed, and it is completely influenced by retail investor sentiment. Although the trend is still upward, that will be a matter for January and February of next year. As long as nothing unexpected happens in Q1 next year, the new president taking office (1.20), the new SEC chairman, and speculation will surely continue the upward trend.
So, during this period??? Perhaps it is the opportunity to buy the dip. As for how to specifically buy the dip and manage positions, that depends on individual position situations.
So, what to buy the dip? What are strong coins? I have mentioned it before. Mainly popular sectors. Public chains, AI, MEME, and so on.
