Suddenly only Bitcoin is strong, while altcoins are generally weakening, as if everyone is rushing to avoid a certain financial major event 😷😱. Too many altcoins are at the bottom area or near support, like the weaker
$FIL at the bottom area
Ethereum
$ETH near support
If the financial market has turbulence due to a major event, those at the bottom area will test the bottom again, while those in the support area may retrace to probe the support bottom, as Ethereum might retrace to 2150-2100 or 2070-2085.
Bitcoin, which is strong and on the edge of a breakout
$BTC , will it peak first and then fall, or will it drop directly midway?
That is to say, the longest continuation will last until before July 10, the market will make the final turbulence. Whether altcoins or Bitcoin, there will be another period for building positions and bottom fishing. Don't miss the opportunities that started last weekend and don't miss the opportunities starting this weekend. Use a phased approach to build positions rather than waiting to bottom out before acting.
This time, it’s not a collective panic caused by war, but rather an emotional impact triggered by prices. Some coins may be above last week's bottom, and some may be below last week's bottom. In short, place orders in batches downward to take in as much as possible.
#BTC #市场振荡的可能 #ETH