Today, the market plummeted again. The entire market felt no support in the decline of the altcoins. In fact, Bitcoin only fell below 65,000, while Ethereum did not even fall below 3,300. The altcoins once again performed the trick of "following the decline but not the rise". From the data point of view, the price of the altcoins has fallen below the low point of April 13-14.

With the altcoins falling to this position, the core of the operation now is not to reduce positions to reduce risks, but how to buy more cheap chips. From the overall environment, the US stock market has broken through the historical high, and the macro-economic interest rate cut node of the Federal Reserve is basically coming. There must be a big bull market. In my opinion, this market trend is a retracement of the "small bull market". In fact, every time the altcoins fall, the altcoins fall the fastest and most violently, and in the past, they were accompanied by the decline of Bitcoin. This time, Bitcoin has been fluctuating at a high level, and the confidence in the subsequent market should be stronger.

Regardless of whether the downward trend continues, it is basically to accumulate strength for the next bull market. In this process, everyone should control the risks, don't have too many copycat positions, and gradually build positions when the market falls, and continue to get a round of cheap chips.

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