Current Analysis of the Strength and Weakness of Altcoins: Clear Insights on What to Keep and What to Exchange
The strong camp of coins is on a rampage: AAVE, BONK, PENGU are not giving any chance for a pullback, while new stars like LISAT, HYPE, UNI are soaring.
ETH remains a solid player in the market, and veterans like ENA, ENS, BCH are experiencing a resurgence. If you hold these coins, hold on tight and don't exit easily; once a trend is formed, it won't end easily.
Moderately strong coins are gaining momentum: COW, CVX, TAO are moving steadily, while CAKE, IP, OP, the favored tokens of exchanges, occasionally surge. LTC, ADA, XRP, these established mainstream coins may be slow to warm up, but when they explode, it can be fierce. SOL has shown some weakness recently, but a thin dead camel is bigger than a horse.
Be careful not to step into the pitfalls of the weak camp: AEVO, NOT, these newly listed coins are in continuous decline, and PYTH, TIA, once popular, are no longer in the spotlight.
APT, FIL, ATOM, these 'tech-oriented' coins have been ruthlessly abandoned by the market, while ICP and DOT have become zombie coins.
Focus on potential rebound stocks: PEPE, the old meme leader, should be moving, and the sleeping giants like ADA, LINK should also be waking up.
TRX, POL, IOTA, these low-profile powerhouses may surprise you one day.
Be decisive in switching coins during a bull market; don’t let weak coins drag down the overall return of your account!
If anyone feels confused due to market fluctuations, unsure about how to deal with being stuck, or feels misled during their operations, feel free to reach out for discussion!
