What will be the trend of altcoins in the next three months?

Is it the return of the bull market or just a dead cat bounce? Maybe we will know the answer at the close of next week.

If the altcoins can maintain above the current price at the close of next week and do not plummet, then the weekly MACD will basically be able to determine the formation of a golden cross.

In this way, the weekly short-selling downward trend that has lasted for half a year will end completely, and then enter the weekly level of stopping the decline and rising trend.

This situation is very consistent with the trend forecast emphasized before, that is, the bottoming out will be carried out in early September, the bulls will begin to accumulate momentum in the second half of the month, and the bull market will be confirmed in October.

Once the bull market is confirmed to return, the previous judgment that the altcoin is just a dead cat bounce is completely wrong, so we still have to respect the actual trend of the market.

After all, predictions and past rules often go wrong, but even if the bull market really comes, we will not lose anything.

There will be no change in investment strategy. Larger positions are still allocated to BTC, SOL, and ETH. For altcoins, only small positions are still used.

The weekly line forms a golden cross at this position. The historical situation with more reference value is BTC in July 2021, when it rose from 30k to 69k.

If the weekly MACD golden cross is formed, there is no need to consider any dead cat rebound, but to pay attention to how high this bull market can rise.

The most conservative situation should at least break through this year's high and then hit the historical high. 👗👉➩BNB0098

Of course, if there is a sharp drop next week, it may just be a dead cat rebound.

Now let's wait quietly for the situation next week. So far, it can only be judged as a dead cat rebound.

#HMSTR开盘 #美国二季度核心PCE符合预期 #美国8月核心PCE创4月以来新高 #美联储11月降息预期升温 #ALT