It can be said that the current market does not have a very clear market trend. The market is in a period of continuous shock and has not yet found its direction. I guess we will have to look at Wednesday's CPI data and speech.
Altcoins are divided into high-level and low-level coins. The high-level coins are #BCH #COMP #MKR #XEC #XVG . These hard-hit coins have a trend similar to that of the big pie. The high-level coins continue to fluctuate, and a large number of high-level coins do not show obvious signs of distribution and shipment.
If the market improves, there is a high probability that there will be another wave. It is estimated that the market makers are waiting for the direction of the market.
The rest are just some copycats that haven’t risen much. One thing will move today and another will move tomorrow. There is no sustainability.
The main reason is that there is no main sector driving the market. I really miss the market situation in the first half of the year. I just play AI and pledge sectors with my eyes closed. After one rise, the market continues to rise. The obvious sector market trend is the most comfortable.
This market is relatively boring, and the main focus is on short-term play! Waiting for the next big trend~