Boys and girls!
Many coins have emerged from the bottom formations, but we still need to see the big coin and mainstream coins lead the charge; we need to observe the one-sided market a bit longer~
⚠️ Key points:
1️⃣ Many coins have previously been in a downtrend, trapping a lot of chips, so when they rise, there will be significant selling pressure that needs to be digested slowly.
2️⃣ For a real surge, it relies on institutions entering with volume, and at that time, they may not give us time to react, but there will be buying points during pullbacks.
3️⃣ A rate cut is highly likely after September; this wave is at most a cyclical rebound, and it’s normal to see a rebound after a long decline.
In summary! The big coin is approaching the daily resistance level; whether the high-level fluctuation is a consolidation for strength or a turn down still needs to be waited on!
Operational advice: play the waves, keep enough funds, as there will be more opportunities ahead~
If you want to chase the rise, look for strong coins that haven't started yet; those that have risen well can take profits or switch positions in batches, and recently, less action and more observation is the safest approach! #加密货币总市值重回3万亿