🚀🚀🚀Is now a good time to buy the dip? Brother K's top community will analyze it for you!
First, from the K-line trend, ETH has entered a strong support zone on the weekly chart. The $4000-$4200 range is a good area for gradual positioning. Recently, institutional funds are also accelerating their entry, with the scale of buying the dip for ETH alone exceeding $200 million. Large funds are prioritizing allocations to ETH and SOL.
SOL has been particularly impressive recently, with its price strength surpassing ETH, driven by both ETF expectations and the need for catch-up. In previous market cycles, SOL did not show an independent trend. Market analysts believe that as the rotation of funds accelerates, SOL is likely to continue to attract speculation regarding the approval of ETFs, so the rebound may match ETH's gains.
For altcoins, focus on Ethereum ecosystem leaders like LDO, UNI, AAVE, and LINK, and buy on dips according to support levels. Within the SOL ecosystem, PUMP has seen active token issuance, and its market share is rising, with on-chain capital inflows boosting buyback expectations; RAY shows strong characteristics of being controlled by large players, and historical trends indicate it often leads the SOL ecosystem's upward movements.
This week's Federal Reserve meeting minutes have limited impact on the market, and expectations for interest rate cuts next month remain unchanged. The current pullback has completed the clean-up of long positions, and the $4000-$4200 range will become a crucial support level for ETH's subsequent rebound, making it a good area to formulate a buy strategy.
What Brother K wants to do this week is to bring you some strong altcoins for you to buy the dip and stealthily position yourself. Of course, the latest entry points can only be obtained from Brother K!!!
