AI Tokens Plunge, Opportunity or Trap? TAO, FET, and RENDER have experienced short-term corrections, and a good opportunity for bargain hunting is coming! Market volatility intensified, and the three major AI tokens—Bittensor (TAO), Fetch.ai (FET), and Render (RENDER)—all suffered significant corrections. However, behind this seemingly unfavorable situation, there may be an excellent opportunity to buy at a "discounted price". After all, price adjustments tend to accumulate power for bulls and breed the next rally. TAO: Is the correction after the sharp rise ready to go? TAO's recent 200% increase shocked everyone, but the short-term correction is a healthy consolidation period, and a bull market flag is forming. Despite the weakening trading volume, TAO is expected to move toward new four-digit highs once it breaks out of the current consolidation range. However, remain cautious and pay attention to the fluctuations of OBV. Once support falls, consolidation may continue. FET: A rebound opportunity in a downtrend The FET has been testing lower support in a rising wedge, which could pave the way for a rebound, although it is currently under bearish pressure. The key support at $1.4 is the bulls’ last line of defense, and once the temporary resistance zone is broken, the price could quickly rebound above $1.7. However, the RSI is biased towards the bears, so we may still have to wait and see in the short term. RENDER: Strong support and stability, rebound and gain momentum RENDER is holding on to support at $5.1 despite being under pressure from the selling pressure of the past few days. Although the bearish signal is significant, the long-term bullish trend has not changed. After short-term consolidation, RENDER is expected to strengthen again and return to its upward channel. Is the decline a gift? Or a trap? Investors need to be careful, seize low-level accumulation opportunities, and maintain a flexible operating strategy! The market often creates opportunities in panic! #美国大选如何影响加密产
Now the method of washing the market in the cryptocurrency circle has changed. We can no longer look at this market with the same eyes as before. Many people always think that this market will give them a chance to get on board, just like the previous bull markets, the big cake rises to a certain stage and then quickly falls by 20%, and then starts to repair sideways, so that they can slowly buy the bottom. However, the fact is that this bull market started from 25,000 to 73,000. When the market officially started (the few months of consolidation in the middle are not counted as the market start), every callback was quickly recovered, and there would be no chance to get on board for those who missed the opportunity. The copycat inserted more than 30% downward to clean up the leveraged contract and then continued to rise. Many people have not even reacted yet, and the price has gone up. This is why I have always emphasized that those who missed the opportunity will always miss the opportunity. So is there still a chance to get on board? Of course there are. No matter how the market changes, the sector rotation will never change. You can only ambush in advance when a certain sector has not yet taken off, and then wait for the arrival of the main uptrend of that sector. Otherwise, you will miss the opportunity if you keep waiting and watching, or you will most likely be trapped if you chase hot spots. Then the funds will rotate to other sectors, and you can only watch others make money. Therefore, you must understand the market rhythm and the dealer's washing methods, otherwise you will always be cannon fodder in this market.