Are We on the Verge of a Major Collapse?
Even though the market sentiment is quite positive, altcoins remain highly priced, making purchases less attractive. Despite the launch of the $ETH ETF, the volume of Layer 2 solutions is steadily declining, increasing the risk of a significant sell-off. Coins like $ARB and $STRK are particularly vulnerable and could see a sharp downturn.
I anticipate a notable drop in the value of these coins. If you haven't already activated your futures trading, now is a good time to learn how to open a short position. Doing so can help you mitigate potential losses in your spot holdings.
To get started with futures trading and learn how to open a short position, follow the link below. This strategy can be an effective way to protect your investments and minimize losses in a volatile market.
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