In terms of altcoins, although Bitcoin will not fluctuate much on weekends, the altcoin market is different. In recent months, altcoins often have one or two rapidly rising coins on weekends, and this kind of market is usually paved for the market of the next week, either by another surge on Monday or by stimulating the trading volume of the coin.

RARE's violent pull-up ignited the long-dormant altcoin market. Yesterday, altcoins saw a general rise, but this general rise will not last too long. We analyzed the reasons yesterday and will not repeat them here.

But this will be a good start. If you review the trend of altcoins in August last year, you will know that last year's demon coins also began to appear in August, such as TRB, YGG, STORJ, BLZ, and GAS. The appearance of demon coins means that the bottom of altcoins has basically appeared.

From August to mid-October last year, it was the last period of shock and retracement to build a bottom. After hitting a new low in August last year, most of the cottages saw a wave of rebound and rise in September. The last retracement in early October did not fall below the previous low point in August, and a vigorous pull-up trend began at the end of October.

Although the trend may not be completely consistent, we can refer to it. Then what you need to do next is to buy the cottage on dips, take a short-term rebound in September, and store low-priced chips in the long term, and wait for the wind to come.