Altcoin Market: Risks and Opportunities
After a significant drop on 12.9, the market has been oscillating for nearly 10 days, and many altcoins are now undergoing a 'second test', with low volume and weak selling pressure.
On 11.22, Bitcoin experienced a slight pullback, followed by a general increase in altcoins.
Today, Bitcoin has shown signs of a pullback again, and altcoins may rise after completing their tests.
However, the market conditions are different today: USDT supply growth has slowed, and there is less capital flow; previously, Ethereum was rising, but today it is not strong.
Therefore, the altcoin market presents both opportunities and risks. One can seek trading opportunities but should not be blindly optimistic or aggressive.
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