Can altcoins be bought at the bottom now?
Let me talk about my opinion. I think it is not the right time yet!!
Although altcoins have rebounded in the past few days, from the perspective of technical analysis, most altcoins have fallen back under the pressure of their daily moving averages. This shows that the current market has not yet formed a clear buy signal, and the buying opportunity of altcoins is not yet mature, which is expected to improve in August.
Therefore, the current strategy should be to shoot and change places, and run when you make money!
Don't be greedy, lock in profits in time.