Altcoins have fallen themselves, and if Bitcoin pulls back, altcoins will be cut in half again.
宁大帅N
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Bearish
Run away to the top! There will definitely be a major drop within three days, we have already reached the peak. BTC, ETH, and SOL cannot break through their previous highs with each daily surge. Whether it's forming a W or an M pattern, it is going to fall. This time, the Federal Reserve still has no expectation of cutting interest rates, and there is no positive news. In a few days, those two will start fighting again, which is actually negative news. It's good for gold and oil, but cryptocurrencies are risk assets, not safe-haven assets. I believe there will be a rebound when interest rates are cut in September. The last two months have all been declines, and rebounds can't break through the previous highs. I'm just reminding everyone not to easily open positions in the next few days. Buying in the spot market is fine, but I still suggest buying around 2100. The crypto market is not lacking in opportunities but is lacking bullets. If you don’t believe it, you can keep going long. I’m just kindly reminding you, this does not constitute any investment advice. I am not cutting anyone off, seizing anyone's money, or taking orders, nor am I gaining any benefit from you. To those who criticized me a few days ago, I hope you continue to go long. I am simply sharing what I see to remind you, that’s all.
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