Market Volatility! These Altcoins Should Be Sold Now to Capture Profits and Escape Risks!
Bitcoin has broken through $90,000, and market enthusiasm is high. However, due to stalled trade negotiations between the U.S. and Japan, coupled with macroeconomic uncertainties, investors are beginning to worry about a potential market reversal. In this situation, savvy investors are quickly looking for altcoins that need to be sold to prevent a market pullback.
1. Solana (SOL)
Solana recently broke through $152, but is close to strong resistance, and a pullback may occur in the short term. If the price falls below critical support levels ($126 or $119), it may enter a downtrend. Selling Solana to avoid risks is a wise choice.
2. Polygon (POL)
Polygon is near the 200-day EMA, and if it fails to break through this critical range, it may face a price decline. Coupled with decreasing interest from large investors, it is advisable for investors to consider selling.
3. Solaxy (SOLX)
As a Layer 2 project on Solana, Solaxy has attracted significant attention, but due to the project still being in the development stage and lacking a specific listing time on exchanges, the risks are high, and investors should handle it with caution.
4. Bitcoin Bull Token (BTCBULL)
Although BTCBULL has certain potential, its price depends on Bitcoin's performance. If Bitcoin fails to reach expected targets, BTCBULL may face a decline in value. The uncertainty is high in the short term, making it suitable to consider selling.
Summary
As trade negotiations between the U.S. and Japan face uncertainty, the market may experience greater volatility. At this time, timely selling of these altcoins to lock in profits and avoid potential losses is a prudent strategy!