$BTC Bitcoin supports altcoins, altcoin season is here!!
Is the Christmas gift a market-wide rise?
Today, altcoins started to correct, and from the current view, Bitcoin's surge did not break through the resistance, and it has begun to support altcoins.
However, last night’s order at 94,000 was also a good catch, making a small profit of 5%. Looking at today, the market has entered a narrow range of fluctuations, plus today is Christmas, it may take some time to stabilize. Just make sure to defend your positions, and it is unlikely to fall below 96,000 in the short term. As for the spot market, that goes without saying; 150,000 next year won't be a problem.
So for now, we can shift our focus from Bitcoin to altcoins. From the bubble chart, most altcoins have already started to correct. Although the correction is not very strong, the trend is already very clear; the altcoin season has indeed erupted.
After the big drop a few days ago, now is a good time to enter the market. Of course, some strong coins simply won't give you a chance to get in, like the BGB I previously recommended, as well as $SUI and Morpho. These are all spots I’ve been holding onto, and they are holding up well even when Bitcoin drops.
I still have a long-term positive outlook on these three; it's just a matter of time before they all go over 10 dollars. Of course, if you feel the vehicle is too heavy, I recommend $USUAL , which just entered the market at 0.8, but this still needs to adjust positions based on market conditions.
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