Is the rise of #山寨币 true?
According to the latest market data, the claim of altcoin rise is not true 📉
Major altcoins are generally down:
• ETH: $4,423, 24-hour drop -3.74% 🔻
• SOL: $187.82, 24-hour drop -4.81% 🔻
• ADA: $0.838, 24-hour drop -3.02% 🔻
• AVAX: $23.38, 24-hour drop -3.54% 🔻
• LINK: $23.55, 24-hour drop -4.17% 🔻
• UNI: $9.69, 24-hour drop -5.56% 🔻
Technical analysis shows:
Most altcoins' RSI is in the 30-45 range, indicating an oversold condition 📊
Most cryptocurrencies have broken through key support levels, with a clear bearish trend ⚠️
Market sentiment:
News shows Bitcoin ETF has seen net outflows for five consecutive months, with institutional funds withdrawing 💸
CryptoQuant data indicates that new investors are selling off in large amounts, and the market is being washed out 🌊
Conclusion: Currently, altcoins are generally in a downward trend, and the claim of a rise is false ❌
