BTC is only one day away from halving, and the market atmosphere is becoming increasingly tense.
The big and second cakes have recently fallen back from high levels, as if they are about to fall, which makes people sweat. In the face of market conditions, it is important to stay calm and not blindly chase more. Remember to set a stop loss point just in case.
For altcoins, no matter when you enter the market, the price will not be much higher than the current price. The market temporarily lacks the momentum to pull the market, and the time is not yet ripe. FOMO sentiment has gradually subsided.
At the critical moment before Bitcoin halving, more people chose to wait and see the spot market. Few people in the circle have too high expectations for the current market. However, some altcoins have fallen below their historical lows, such as ape, crv, etc.
Is it worth covering positions or buying altcoins now? Can our beliefs still persist? We need to keep an eye on it and analyze it carefully. The market is in a period of adjustment, and it may be difficult to see a clear upward trend in the short term, but in the long run, the pattern of the bull market has not changed.
It is expected that the market will usher in new development opportunities between 2024 and 2025. Therefore, we must keep up with the pace of the market, continue to learn and accumulate experience, so as to seize opportunities at the right time. Pay attention to some potential altcoin projects, such as Bome, Ena, Pepe, Sol and Ordi, etc.
