#ALGO The 6.9% drop in 24 hours of Algorand reflects profit-taking after recent gains, bearish technical signals, and weakness in the altcoin market.

1. Technical correction after a 49.96% rally in 30 days

2. TD Sequential sell signal identified by analysts

3. Rotation of altcoins as Bitcoin dominance increases

I might be wrong, but I think it will continue to rise this week; however, this is just my opinion. You should do your own research. Remember that cryptocurrencies are highly volatile, so don’t be swayed by others' opinions. My advice is not to invest in a single coin; diversify so that if one drops, another might rise. And remember, patience is a virtue in this market. Don’t despair. Quick gains are expected, but you will only be disappointed. This takes consistency; it should be an extra for you, not your main source of income. Well, it has been a little over a year, and this is my advice. I can’t say that I’ve had significant gains, but I have had something, gradually learning every day. One of the main things I’ve learned is to never sell at a loss, ever. Another thing: don’t get involved with coins that are about to leave the market; I believe that is very high risk. Well, that's all for today; thank you for your attention.

P.S.: I insist, remember to do your own research; this is just my personal opinion.