🚀 Altcoin Market Analysis Push 📊
Market Overview
Currently, the altcoin market is showing a divergent trend, with most mainstream altcoins experiencing a pullback in the past 24 hours 📉
Key Focus Coins ⭐
• SOL: $181.94, 24h decrease of 5.84%, but a 7-day increase of 1.51%
• ADA: $0.899, 24h decrease of 7.21%, 7-day surge of 13.56% 🔥
• LINK: $24.82, 24h slight increase of 0.66%, 7-day strong increase of 16.04% 💪
Technical Signals 📈
Most altcoins have RSI indicators showing oversold conditions, and MACD is showing divergence signals. The reserves of ETH and BTC on exchanges continue to decrease to the lowest levels since October 2022, suggesting a long-term bullish outlook 🎯
Risk Warning ⚠️
In the past 24 hours, $132 million in liquidations occurred, with short positions dominating. South Korea will introduce significant cryptocurrency reform policies, including a spot Bitcoin ETF framework 🌟