⭐
At this point, I believe that if the #altcoin group rebounds, it won’t be by much, and then will continue to fall further down.
- At this stage, there are no clear signals for a positive uptrend, or at least a mini uptrend like the previous rising waves. Don’t look at the short-term 15-minute or H1 frames and see a rising structure and think that the market will return to increasing prices.
- The main trend of the market right now is a downtrend, and the good news that was significant before, like Donald Trump becoming president, has all been released.
- Now, with only news about interest rates decreasing while inflation remains high like this, don’t anyone hope for a decrease to pump altcoins.
- Truly, who wouldn’t want the market to rise to make money, to have a chance to recover, but the reality is harsh...
- And for those who want to dollar-cost average (DCA) altcoins, take your time and negotiate prices, there’s no need to rush. If the downtrend continues for another 3 to 4 months, there won’t be enough money to DCA... good luck... !!!