After the current market correction, there is a sustained bullish outlook for some time. The market is currently at new high positions, and looking at the candlestick charts is basically useless. Focus more on the movements in the news, and make sure to set stop-losses when trading.
Yesterday, BlackRock has stopped inflowing BTC spot ETF and increased the inflow for ETH ETF. In the short term, there is potential for Ethereum to touch previous highs, but once the market ETF returns to net outflows, decisively exit and wait for the market to change.
Altcoins are currently at the bottom position. Those who need to reduce positions should do so; the news about interest rate cuts is approaching. As soon as it lands, hot money will flow into altcoins and they will take off immediately. Even if you are currently stuck with a loss of one or two percent, once it erupts, it may be hard to find the current position. It's just about bearing some time risk.
