Have altcoins dropped to the right level?
Don't guess the bottom or claim the top, it's time to build small positions!
Afternoon altcoin summary:
1. ETH dropped sharply, but the rebound will be even stronger, with dual benefits: Fusaka upgrade + ETF.
2. The drop of $BONK has reached its level, you can build small positions in the spot market, with a stop-loss at 0.000020254.
3. $DOGE has a 4H head and shoulders top, waiting for orders around 0.2. There are also expectations for an ETF supporting the news.
4. IMX has had a big drop followed by several small gains, having held the 0.549 position five times, showing a minor pullback in an upward trend, consider building positions in batches.
5. $XRP giant whales sold off after 3.6, only reverting half of their holdings, and there has been no recent activity, following the market trend.
6. $HYPE has lost the daily support at 44, you can test the 41.2-41 range in batches.
..... For more altcoin insights, follow Zhuye~
Don't be one of those chasing highs and getting trapped recently, good luck!