Altcoins:
Although the probability of the Federal Reserve cutting interest rates in September continues to rise, the policy has not yet been officially implemented, and the market remains in a wait-and-see state. The ETH spot ETF has entered a technical preparation phase, but there are still no obvious signs of capital inflows; both BTC and ETH are in an adjustment cycle after a major upward trend.
Recently, many popular
projects
have started unloading their positions ahead of positive news, with frequent "early running" behaviors, combined with some altcoins experiencing a sharp decline after a short-term surge, highlighting the instability of hot money liquidity in the market and a lack of follow-up capital. Currently, the market overall is still in a structural consolidation phase and has not entered the main upward phase of a full bull market.
At this stage, the spot altcoins generally lack sustainable profit opportunities, and the difficulty and risk of operations have instead increased. Before the market clarifies, it is advisable to maintain a wait-and-see attitude and patiently await the next opportunity after the market clears.
Always remember: Altcoins are trading targets, not value investment products.
In terms of operations, a wave-based mindset should be the focus; take profits when available, and avoid being overly attached to trades. #香港稳定币新规 #币安HODLer空投PROVE