So I suggest that friends holding altcoins be patient and wait. As long as your altcoin has listed on major exchanges, the project team is still working, and the direction aligns with market demand, then there is no problem. In fact, during a bull market, high-quality altcoins can achieve a curve overtaking against Bitcoin. At this time, do not casually chase hot spots and switch positions, especially new coins on Binance or other CEXs, as it's easy to fall into pitfalls.
Today, the Federal Reserve's interest rate decision is announced, with an expected decrease of 25 basis points. The market has basically anticipated this fact. However, the subsequent press conference is likely to still play Taiji, essentially reducing the frequency of rate cuts and focusing on data to guide decisions. In any case, the price of Bitcoin is currently in a volatile correction phase. It’s more suitable to place orders for corrections to buy more or simply wait until the news is fully released, and then look for opportunities to buy more in the following days.
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