A brief analysis of the #altcoins recently.
1. Many Altcoins have also seen a recovery recently, especially those with small market caps (under 50 million USD).
2. However, most of the remaining Altcoins, despite recovering, are still not strong enough to break the previous downtrend – meaning the prices have not surpassed the recent peaks, and the pattern of "lower highs and lower lows" still exists.
👉 This suggests that the market may be getting "warmed up" again by market makers to create a sense of excitement and attract capital flow back in. Therefore, this period still requires caution.
1️⃣ Limit FOMO, especially with low-cap Altcoins that have surged too much recently.
2️⃣ Prioritize coins with potential that break previous local highs as this breaks the downtrend pattern while having a close stop-loss, ensuring account safety.
Remember that #BTC.D is still very precarious; what if it goes up another 72%?