The overall market for altcoins has entered a phase of adjustment after rising. After a week of significant pullback, a key support area has formed below, which can be used as a reference for short-term defense:
1️⃣ AI Sector: Focus on the leading FET at the support level of 0.68, while WLD is key at 1.05; maintaining this level is seen as strong consolidation.
2️⃣ XRP: Slight pullback due to the delay in ETF approval, but the overall daily structure remains healthy, still expected to rise with volatility; waiting for signals of increased volume.
3️⃣ Alpaca ($ALPACA): Pressure from the delisting of spot trading has led to selling pressure, while the futures market quickly doubled, making the movement highly speculative. Be cautious of the risks of chasing highs and selling lows. The current market has clearly tilted towards being “casino-like,” and liquidity issues remain unresolved.
4️⃣ Payment Sector: Boosted by XRP ETF news, PUNDIX has recently performed actively; UTK and ACH can be monitored for dip-buying opportunities, although a broad rally has not yet formed.
Summary: Pay attention to controlling the pace and position; prioritize defense and prefer buying low rather than chasing highs.
