#Trading
This week, it is advised to watch more and act less.
Unless you are a short-term player, do not easily enter the market to long altcoins.
The weekly patterns of ETH and SOL are not good.
Theoretically, a pullback is needed.
Moreover, the exchange rate of ETH to BTC is also in a downward trend.
Many altcoins have already entered the final stage of consolidation.
There has been a continuous increase in upper wicks, and the monthly chart is also stirring.
Just wait for long positions.
Here, I will only consider entering when altcoins drop at least another 5-7 points.
I recommend UNI, which is currently in the consolidation phase of 5.6-7.7.
The lows are moving up, and you can enter in the range of 5.6-6.