Current market rhythm is obvious:
- Bitcoin rises, altcoins bleed;
- Bitcoin falls, bringing down altcoins;
- Bitcoin is sideways, altcoins have low volatility.
Bitcoin has lost direction in the short term, now we can only watch the second coin's strength.
Suggestions:
Friends holding a lot of altcoins shouldn't rush to cut losses; most altcoins are near historical bottoms:
- Those with significant downside potential are just 35% above historical lows; - Those with small downside potential are only around 20%.
If you can't hold on, consider switching positions; if there's a short-term rebound of 20%, you need to think about whether to run or not; repeating this operation is not very meaningful. Currently, most coins have fallen by 50% in this round; holding onto a good coin is essential to maintain confidence and avoid further losses.
Strategies:
Waiting for spot, retreat to advance.
Don't ask which coin to bottom fish after the drop.
Basically, any altcoin in the top 100 (market cap above 1 billion) can be bought without much issue; when altcoin season comes, it's just a matter of making more or less profit.
Looking ahead, for the top 500 altcoins (market cap above 100 million), it will test your selection skills; choosing wrong may lead to missing out on the entire altcoin season, while choosing right can yield considerable profits.
The most important thing is not to open contracts, not to use leverage, only buy spot; the leverage I can accept is only 2x to 3x, and I only dare to leverage on BTC and ETH; any altcoin, even in a raging bull market, using leverage above 3x is basically a risky endeavor.
» $ZEN
Market cap: US$296 million
24-hour trading volume: US$176 million
The current price of Horizen (ZEN) is US$18.91, with a 24-hour trading volume of US$176,108,192. This indicates a price increase of 21.19% over the past 24 hours and a 24.86% increase over the past 7 days.
ZEN coin, also known as Horizen coin, is a digital cryptocurrency based on blockchain technology.
The price of ZEN coin shows a clear upward trend, thanks to its uniqueness as a privacy and security-focused digital currency, and the market's broad recognition of its technology and privacy protection features.
» $MOCA
Market cap: US$283 million
24-hour trading volume: US$83 million
The current price of Moca Coin (MOCA) is US$0.1834, with a 24-hour trading volume of US$83,168,840. This indicates a price increase of 18.44% over the past 24 hours and a 104.83% increase over the past 7 days.
Moca coin is an Ethereum-based token primarily used to reward holders of Mocaverse NFTs.
Since its debut, the MOCA token has performed well, with an initial market cap of US$72 million, quickly rising by 41% to reach US$102 million.
» $AKUMA
Market cap: US$179 million
24-hour trading volume: US$1.4088 million
The current price of Akuma Inu (AKUMA) is US$0.0002683, with a 24-hour trading volume of US$1,403,811. This indicates a price increase of 29.70% over the past 24 hours and a 336.72% increase over the past 7 days.
I researched Lumia, it looks particularly like AVAX from the last bull market, so I increased my position and went all in!
The reasons are as follows:
1. RWA's Dex infrastructure aligns with the main themes of institutions like ETH and BlackRock in driving the market;
2. From a technical perspective, after listing, it has been in a narrow range for two months, just breaking out of the rectangular oscillation zone, pulling back to support, very similar to the consolidation pattern of AVAX;
3. The market cap is only US$170 million, which is very low and has huge pump potential.
» $USUAL
Market cap: US$679 million
24-hour trading volume: US$1.655 billion
The current price of Usual (USUAL) is US$1.47, with a 24-hour trading volume of US$1,655,308,743. This indicates a price increase of 28.88% over the past 24 hours.
Usual is a safe and decentralized fiat stablecoin issuance platform that reallocates ownership and governance through the USUAL token.
#USUAL持续飙升 #比特币市场波动观察 #加密市场回调 #比特币战略储备
