Have you noticed a phenomenon that the volatility of altcoins is even less than or equal to that of Bitcoin?
Generally speaking, when Bitcoin drops by one point, altcoins will at least drop by 3 points. Now it is almost flat. What does this mean? Everyone should think about this question seriously.
After two consecutive rounds of sharp declines, altcoins have almost reached a position where they can no longer fall. Unless Bitcoin has a new round of sharp declines, such as falling to the range of 52,000, it is difficult for altcoins to fall sharply.
So, at this time, it is best not to sell at a loss.
Given the stability of altcoins, altcoins may usher in a wave of retaliatory rebounds in the future.
However, any prediction of future market conditions is risky. What we can do is to control our positions. No matter whether the market rises or falls, we can deal with it freely.
Never bet on the rise or fall of the market.
