Can altcoins be bought at the bottom now?
I believe everyone has been speculating recently: Can altcoins be bought at the bottom now? Let me talk about my opinion. I think it is not the right time yet! !
Altcoins have shown a rebound trend in the past few days. From the perspective of technical analysis, most altcoins have fallen back under the pressure of their daily chart moving averages, showing that the current market has not yet formed a clear buy signal. The buying opportunity of altcoins is not yet mature and is expected to be in August. Among the active altcoins, the price increase of some currencies exceeded 20%, showing strong market momentum. However, when we participate in these active currencies, we should act cautiously and refer to the suppression level formed during the previous decline as an important reference for judging future trends. In the face of the current market situation, it is recommended that investors adopt a direct wait-and-see strategy, that is, keep calm and observe, do not chase high easily, and do not blindly buy at the bottom. Through in-depth analysis of market dynamics and technical indicators, wait for clearer buy signals to appear before making decisions to avoid potential market risks. #美国6月CPI大幅降温 #BTC☀️