A whale falls, and all things come to life!
As a giant creature occupying 61% of the cryptocurrency market, Bitcoin's share dropped from 61% to 59.5% in just two days. Don't underestimate this 1.5%; in a market of nearly 3 trillion, it's equivalent to distributing 45 billion in liquidity to other projects. This liquidity is enough for some small coins to rebound sharply from the bottom. Therefore, a new situation has emerged: while Bitcoin is falling, small coins are starting to form a bottom and rebound.
Next, regardless of whether Bitcoin rises or falls, we can temporarily ignore it and turn our focus to small coins that have little room left to fall. At least achieving a 30-50% rebound from oversold conditions shouldn't be too difficult. Which small coins should we choose? First, we should look at those with high trading volumes and work our way down because only those that have capital buying the dip during a plunge can later enjoy the premium brought by the return of liquidity.
1. Double bottom type: $SUI $TST $APT $ACT $OP $AIXBT $NEIRO
2. Strong type: $LTC $MKR $AUCTION
3. Continuous accumulation type: $RUNE $PNUT $SEI $TIA
There are many more forms based on this type; the larger the volume, the lower the probability of being misled. For reference only~