🚀 Latest Updates on the Altcoin Market:
📈 Strong Performance
ADA leads the way with a 24-hour increase of 3.99% and a 7-day increase of up to 22.94%, currently priced at $0.949, with technical indicators showing a breakthrough of key resistance levels.
LINK has shown impressive performance with a 7-day increase of 14.94%, currently priced at $24.44, as institutional funds continue to flow in.
📊 Key Technical Analysis
ETH is fluctuating around $4290, with RSI indicating an oversold rebound signal.
SOL remains relatively strong, currently priced at $181.8, with a rising wedge forming on the 4-hour chart.
AVAX is undergoing short-term adjustments, currently priced at $23.33, waiting for a breakthrough of the $24 resistance level.
⚠️ Risk Warning
The market fear and greed index has dropped to 56, still in a greedy state but has retreated somewhat.
In the past 24 hours, the market experienced liquidations totaling $589 million, with long positions dominating.
🎯 Operational Suggestions
Focus on the strong continuation of ADA and LINK.
ETH can be positioned in the $4200-4300 range.
Set stop-losses and manage position risk appropriately.
💡 In the short term, there is a clear divergence in altcoins; prioritize high-quality assets supported by fundamentals. 🔥
