Can altcoins make a comeback? With the Federal Reserve potentially cutting interest rates and geopolitical turmoil, is this rebound a trap or a golden opportunity?
Last night’s market was really exciting! The Federal Reserve just hinted at a possible interest rate cut in July, and Qatar is stirring things up again, with bullish and bearish forces clashing fiercely. Do you feel like altcoins are completely done for?
But look at the charts! Bitcoin and Ether were really impressive last night, bouncing up and down, and in the end, the bulls managed to hold their ground!
BTC is currently stuck at the 105,000 mark. If it can stabilize above 103,000, hey, who knows, it might really surge back to previous highs!
ETH is even more incredible, having dropped sharply but then bouncing back to 2380 only to retreat. If it can hold above 2300, that could be a signal for takeoff!
However, to be fair, altcoins have had a rough time lately. Since last December, while Bitcoin has been feasting, they haven't even been able to get a sip of soup.
But don’t rush to liquidate your positions! The second half of the year is definitely promising! It’s time to adjust strategies, don’t hold stubbornly, learn to trade in cycles, and take control of your own destiny!
For spot traders, listen up! Half-position and wait is the safest approach right now. Once a stabilization signal appears, we can start buying the dip and building positions!
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