ETH is oscillating to a critical point! BTC is unstable this time, will altcoins plunge by 10%?
In the past ten days, ETH has tested the $2600 position more than eight times, especially in the last three days, almost every day it has a "false breakout". Fortunately, the bottom is quietly rising, and the momentum for a breakout is getting stronger!
Now the most critical issue is the old brother BTC. Although it has reached a historical high, it is moving hesitantly and constantly testing the highs. This has led to a general rise and fall of altcoins.
Next, there are likely two scenarios:
(1) If BTC can firmly hold its ground, ETH will definitely break through the range and directly surge to $2800, aiming for the $3000 mark!
(2) If BTC cannot hold above $110,000 and experiences a correction of more than 5%, ETH and these altcoins will at least plummet by more than 10%!
This week will bring clarity! If you were me, would you clear your position and run away or hold on to the end? Should I cut my losses or increase my position?
Recently, I plan to stealthily invest in a potential coin that is ready to explode; doubling is quite simple, and an expected upside of over 10 times is not a problem. If you want to follow along, like + comment, and I will share for free!