9.19 Market Analysis
#BTC is oscillating at the resistance level of 117400, and it is expected to have difficulty breaking through.
In terms of altcoins, the focus remains on the ALPHA sector, with #APX increasing tenfold in one day, and there are quite a few others that have doubled in a single day. However, the recently surging coins have shown poor sustainability, so it's advisable not to chase the highs. Instead, consider accumulating some coins that have not yet surged, like the one mentioned yesterday, #AGT , which although has increased by 10 points, is still not considered to have started a significant rise.
Additionally, the two major bulls in the ALPHA zone, #MYX #M , show signs of weakening. After a high point two days ago, they have now significantly retraced. Among them, MYX has broken below the 4-hour support level of 14.3, and M has broken below the previous high of 2.62. These two coins are expected to begin a formal correction, and short positions could be considered. $MYX
$M
$AGT