So I suggest that friends holding altcoins be patient and wait. As long as your altcoin has landed in a major exchange, the project team is still working, and the direction aligns with market demand, then there’s no problem. In fact, during a bull market, quality altcoins can achieve significant gains that could even surpass Bitcoin. At this time, do not casually chase hot trends or switch positions, especially with new coins on Binance or other centralized exchanges; it’s easy to fall into traps.
Today, the Federal Reserve's interest rate decision will be announced, with an expected rate cut of 25 basis points. The market has basically already anticipated this fact. However, the subsequent press conference will likely still be vague, focusing on reducing the frequency of rate cuts and monitoring data for guidance. In any case, Bitcoin's price is on a path of fluctuations and corrections, which is more suitable for placing buy orders during corrections, or simply waiting for the news to be fully released, and then looking for opportunities to buy in the following days.
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