Altcoin Market Analysis:

Driven by the major market (BTC, ETH), altcoins have generally experienced a significant pullback, and the overall trend is in line with expectations. The adjustment during the holiday period helps the market digest previous gains, laying a healthier foundation for potential trends after the holiday.

Currently, most altcoins have fallen back to the adjustment low points reached after the rise in early May, which is a normal technical retracement. Some coins that have pulled back more significantly have even broken short-term support, potentially probing further down to the bottom area when the May market started; investors need to be cautious of risks and manage their positions appropriately.

As June approaches, the market may welcome a new round of opportunities. It is recommended that investors remain patient and use the adjustment period to prepare their layouts in order to seize opportunities in the subsequent market movements. #马斯克宣布离开特朗普政府