BTC started to trade sideways last night, which is a good thing. The long and short positions are relatively balanced. When I woke up, many altcoins took advantage of the big cake to take a break and soared a few points!

If BTC continues to trade sideways, it will be beneficial to the subsequent altcoin performance. Next, pay attention to the trend of BTC. Don't seek a sharp rise. It is an excellent trend to stabilize 57,000!

The current Bitcoin market is showing high-level shocks and consolidation. There is a risk of short-term correction, but the overall trend is still bullish. In terms of operation, it is recommended to be cautious about chasing highs and do a good job of position management and risk control. Wait for a short-term correction to the support level before arranging to go long. If the price is weak, you can consider shorting at a high level.

Calculated from the high point in March, the Bitcoin market has been adjusted for nearly six months. Most of the altcoins have fallen to the bottom of the market value. Now there are still large holders and retail investors who can cut their losses in another big drop. The proportion has fallen to a new low.

Some altcoins dare to quietly pull up the market. This wave of adjustments starting in March may be coming to an end.

The altcoin market is unique! Several 10x potential coins worth paying attention to!

RATS

At the daily level, it is obvious that the price of this coin is fluctuating in a low triangle area. The upper edge of the triangle area is the pressure line, and the lower edge is the support line. As the price fluctuates up and down, the price is getting closer to the inner angle of the triangle consolidation area. The closer the price is to the inner angle, the greater the possibility of a change in the market

There are two trends: the price breaks through the pressure line and then takes off, or the price continues to fall back to the support line below and then rises. No matter which trend it is, this coin will rise sharply, everyone should pay attention!