The altcoin sector and the mainstream market have pulled back simultaneously, and some currencies have pulled back significantly. For MANTA and PENDLE, it is necessary to pay attention to whether they fall below the support levels of 0.98 and 4.8. Once they fall below, it may be necessary to consider a technical exit strategy. It is recommended to wait and see today, and do less and observe more.
In terms of fundamental news, the SEC once again investigated the pledge sector, which led to a slight pullback in currencies such as LDO and SSV the day before, but the impact was not serious. For investors who have reduced their positions, you can consider re-entering the market to avoid missing out on subsequent market conditions. Risk aversion is a protective strategy, and you can re-enter the market after confirming that the risk has been lifted.
RGB++ has started free casting, and the on-chain activities are frequent, which has a positive effect on the construction of the BTC ecosystem. Although the market continues to be sluggish, it is recommended to continue to pay attention to this sector and wait for the market to pick up before taking action.
The rune market is still in a sluggish state. You can pay attention to high-quality currencies in the rune market and wait for the second wash to gradually enter the market.
It is recommended to wait and see the altcoin market today, pay attention to the latest community information, and formulate more strategies.
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