一缕曙光-老K
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Brothers, today on July 21st, let's have a pinned post
This week, a new node will appear, both in terms of time and market trends
If BTC maintains its market position this week, or even stands firmly at 120,000, then the market may continue to surge, and the overall trend may shift directly towards 130,000. Similarly, for ETH, if it stabilizes and surges this week, 4,000 will not be the end point. This would align with the wave of market movement outlined in the script from June 12th, possibly pushing directly to 5,000 or even higher. This is currently a point of interest, and of course, I am more inclined to favor the second type of trend
My personal script viewpoint is
BTC's current high point is at 123,000. Now we are waiting for ETH to establish its high point before it starts to pull back. Currently, we are focusing on two key levels. The first level is not breaking below 100,000, which will form a bottom in the range of 102,000 to 107,000 and then push up again. Earlier this year, I mentioned that the expected points for this year are 120,000 to 130,000, with a potential 150,000. If a bottom is established here, the market will push up to 130,000 or break through to the range of 130,000 to 150,000, provided it does not break below the 100,000 level. If the market falls below 100,000 again, specifically to around 102,000, then this wave of the market will definitely drop to the range of 90,000 to 95,000 before making a strong rebound, or it will reach the 110,000-120,000-130,000 range to establish a double top before a deep correction ends.
For ETH, as shown in the chart, the first scenario is to first pull back to the 3,200-3,400 range, then have a rebound to 3,600 to establish a high point, followed by a pullback to the 2,800-3,000 range, which would be a bullish phase. The second scenario is to directly skip the intermediate pullback and reach the 2,600-2,800 range before the end of August, then look for the last wave of movement above 5,000 in the second half of the year. Of course, it may briefly drop below 2,600 to the 2,500-2,600 range for accuracy. This follows the second scenario from June 12th, which outlines two waves of movement in the second half of the year. Then the next wave of movement will truly drive the altcoin season, expecting altcoins to at least achieve 2-3 times the movement, but not the kind of massive bull run where all coins surge tenfold. There will be some that rise a few times, marking the starting point of the last big market movement.
In summary, this is merely my personal viewpoint and script, not applicable as investment advice, for reference and interpretation only.
This week, a new node will appear, both in terms of time and market trends
If BTC maintains its market position this week, or even stands firmly at 120,000, then the market may continue to surge, and the overall trend may shift directly towards 130,000. Similarly, for ETH, if it stabilizes and surges this week, 4,000 will not be the end point. This would align with the wave of market movement outlined in the script from June 12th, possibly pushing directly to 5,000 or even higher. This is currently a point of interest, and of course, I am more inclined to favor the second type of trend
My personal script viewpoint is
BTC's current high point is at 123,000. Now we are waiting for ETH to establish its high point before it starts to pull back. Currently, we are focusing on two key levels. The first level is not breaking below 100,000, which will form a bottom in the range of 102,000 to 107,000 and then push up again. Earlier this year, I mentioned that the expected points for this year are 120,000 to 130,000, with a potential 150,000. If a bottom is established here, the market will push up to 130,000 or break through to the range of 130,000 to 150,000, provided it does not break below the 100,000 level. If the market falls below 100,000 again, specifically to around 102,000, then this wave of the market will definitely drop to the range of 90,000 to 95,000 before making a strong rebound, or it will reach the 110,000-120,000-130,000 range to establish a double top before a deep correction ends.
For ETH, as shown in the chart, the first scenario is to first pull back to the 3,200-3,400 range, then have a rebound to 3,600 to establish a high point, followed by a pullback to the 2,800-3,000 range, which would be a bullish phase. The second scenario is to directly skip the intermediate pullback and reach the 2,600-2,800 range before the end of August, then look for the last wave of movement above 5,000 in the second half of the year. Of course, it may briefly drop below 2,600 to the 2,500-2,600 range for accuracy. This follows the second scenario from June 12th, which outlines two waves of movement in the second half of the year. Then the next wave of movement will truly drive the altcoin season, expecting altcoins to at least achieve 2-3 times the movement, but not the kind of massive bull run where all coins surge tenfold. There will be some that rise a few times, marking the starting point of the last big market movement.
In summary, this is merely my personal viewpoint and script, not applicable as investment advice, for reference and interpretation only.
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Brothers, let's have a pinned post regarding the future trends of BTC and ETH
Today is June 12th, and it has been nearly a month since we cleared our positions. This process has been quite agonizing.
Just remember one point: at the bottom, who is instilling faith in you to see the target of 2600-2800 for clearing positions, and then to avoid risks when reaching that target.
BTC scenario planning is as follows:
Before the end of July, we aim to reach the low point of this round. Currently, the first support line to watch is the 100,000 mark; if it breaks, we can focus on the first target point of 92-96,000. The second target range can only be seen if we break below 88,000 to reach the minimum entry point of 80,000-84,000. After that, we can look at the range of 110-120-130,000. No matter how much BTC drops in the future, it won't drop significantly this year, remember this phrase. So when it drops later, don’t think about looking lower; instead, focus on studying ETH.
ETH scenario planning is as follows:
Before the end of July, we aim to reach the first target range of 2000-2200. If BTC recently breaks below the 100,000 mark, then ETH must first break below the range of 2560-2600. After that, we can consider how strong ETH is performing. If ETH shows weakness and BTC drops to the range of 96,000-92,000, ETH will drop to just above 2000. If it can hold strong, then the corresponding price will only be in the range of 2200-2400, or even hovering around 2500 without dropping. Therefore, the first target entry is in the range of 2000-2200, with a minimum of 1800. After entering, the target directly looks at the range of 3200-3600. If it directly breaks the 3600 mark, we can look at historical highs above 5000. If the market makes two waves without reaching 3600, then we have another phase of waiting for a pullback to the range of 2800-3200 to realize the final wave's target above 5000. If strong, we can directly look at above 7000.
If this target is achieved before May next year, then later we can look bearish indefinitely; any rebound is a short opportunity.
Once again, I emphasize: this article is just a scenario description and does not serve as any investment value reference.
Remember, those who chase high prices are the ones who look bearish at the bottom. Once BTC breaks below 100,000, you will find that the market will have more people looking bearish, just like the recent days where some expected it to rise to 130-150,000. It’s still the same group of people. I can't control what others do; I only know one thing: don’t chase high prices, don’t panic sell, and grasp the rhythm of buying low during major drops and selling high during major rises. This is a responsibility.
Today is June 12th, and it has been nearly a month since we cleared our positions. This process has been quite agonizing.
Just remember one point: at the bottom, who is instilling faith in you to see the target of 2600-2800 for clearing positions, and then to avoid risks when reaching that target.
BTC scenario planning is as follows:
Before the end of July, we aim to reach the low point of this round. Currently, the first support line to watch is the 100,000 mark; if it breaks, we can focus on the first target point of 92-96,000. The second target range can only be seen if we break below 88,000 to reach the minimum entry point of 80,000-84,000. After that, we can look at the range of 110-120-130,000. No matter how much BTC drops in the future, it won't drop significantly this year, remember this phrase. So when it drops later, don’t think about looking lower; instead, focus on studying ETH.
ETH scenario planning is as follows:
Before the end of July, we aim to reach the first target range of 2000-2200. If BTC recently breaks below the 100,000 mark, then ETH must first break below the range of 2560-2600. After that, we can consider how strong ETH is performing. If ETH shows weakness and BTC drops to the range of 96,000-92,000, ETH will drop to just above 2000. If it can hold strong, then the corresponding price will only be in the range of 2200-2400, or even hovering around 2500 without dropping. Therefore, the first target entry is in the range of 2000-2200, with a minimum of 1800. After entering, the target directly looks at the range of 3200-3600. If it directly breaks the 3600 mark, we can look at historical highs above 5000. If the market makes two waves without reaching 3600, then we have another phase of waiting for a pullback to the range of 2800-3200 to realize the final wave's target above 5000. If strong, we can directly look at above 7000.
If this target is achieved before May next year, then later we can look bearish indefinitely; any rebound is a short opportunity.
Once again, I emphasize: this article is just a scenario description and does not serve as any investment value reference.
Remember, those who chase high prices are the ones who look bearish at the bottom. Once BTC breaks below 100,000, you will find that the market will have more people looking bearish, just like the recent days where some expected it to rise to 130-150,000. It’s still the same group of people. I can't control what others do; I only know one thing: don’t chase high prices, don’t panic sell, and grasp the rhythm of buying low during major drops and selling high during major rises. This is a responsibility.
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August 25th Old Investor Talks About Coins: BTC, ETH Market Highlights This Week, What is the Purpose of the Early Morning Pin?
Market review and analysis
Last week, it was emphasized that the market was about to enter a new phase, especially with ETH showing strong bullish signals at the 4200 point. In last Friday's market, that surge directly took off, rising from the support position of 4200 to over 4800. During the weekend, it reached a historical new high, which basically aligned with the expectations mentioned at that time. The BTC market, on the other hand, was relatively weak, with the expected level around 1185, but it only managed to touch around 1175 before pulling back. Especially in today's early trading, it directly dipped over 4000 points. This market is quite erratic, clearly aimed at liquidating contracts. This week's key focus can still be on the altcoin trends, particularly SOL, DOGE, WLD, and JTO. This Tuesday, the market is expected to continue rising, but the current momentum is still insufficient, and the liquidity of altcoins has not yet picked up, leading to a relatively weak market trend with not much increase.
Last week, it was emphasized that the market was about to enter a new phase, especially with ETH showing strong bullish signals at the 4200 point. In last Friday's market, that surge directly took off, rising from the support position of 4200 to over 4800. During the weekend, it reached a historical new high, which basically aligned with the expectations mentioned at that time. The BTC market, on the other hand, was relatively weak, with the expected level around 1185, but it only managed to touch around 1175 before pulling back. Especially in today's early trading, it directly dipped over 4000 points. This market is quite erratic, clearly aimed at liquidating contracts. This week's key focus can still be on the altcoin trends, particularly SOL, DOGE, WLD, and JTO. This Tuesday, the market is expected to continue rising, but the current momentum is still insufficient, and the liquidity of altcoins has not yet picked up, leading to a relatively weak market trend with not much increase.
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The market always happens at night, and this is directly approaching 5000
The altcoins are slowly starting to rise, and the rotation has begun
The altcoins are slowly starting to rise, and the rotation has begun
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Old Investor on August 23: BTC ETH Market Expectations Have Arrived, How to View the Future? Will Altcoin Market Erupt?
Market Review and Analysis
BTC tested 112 again yesterday and, driven by the second coin, directly surged to the 1175 position, still 1000 points away from around 1185, indicating that the trend of the major coin remains in a weak phase. ETH, on the other hand, has been much stronger, directly rising at 4200 points yesterday and reaching a new high, even breaking the historical high today. As mentioned before, after stabilizing at 4350, breaking through 4600 would directly look towards the historical new high. However, this wave should not just end here; the market will rise again, and the major coin's weakness will be supplemented by the strength of the second coin to reach resistance in the 118-120 range. The altcoin sector will start to rotate, although I don't think it is the altcoin season, the market will have a surge. Hold onto your chips; JTO performed quite well today; this is just the beginning.
Weekend Highlights, mainly watching the counterattack of the altcoin sector.
BTC's market, after touching 1175, retested. Now, the key support levels to focus on in the intraday range are 1145-1155, to prevent a weak spike around 1140 before starting to attack again. The main focus is on the resistance level near 1185. If this level stabilizes, it can open up further space and directly attack the 120-122 range.
ETH had a one-sided day of increase; this kind of surge is actually not very good in general terms, as it does not drive an overall market rally. However, it still broke the historical high directly. According to normal understanding of the trend, this wave has not ended, and the market will continue to rise. The intraday support levels can be focused on the 4550-4650 range, while resistance levels can be looked at in the 5000-5300 range.
For altcoins, still focus on the SOL chain and meme sectors, primarily watching Dogecoin and SOL, with light positions in JTO and WLD. The next breakout will occur in these two sectors.
Market Review and Analysis
BTC tested 112 again yesterday and, driven by the second coin, directly surged to the 1175 position, still 1000 points away from around 1185, indicating that the trend of the major coin remains in a weak phase. ETH, on the other hand, has been much stronger, directly rising at 4200 points yesterday and reaching a new high, even breaking the historical high today. As mentioned before, after stabilizing at 4350, breaking through 4600 would directly look towards the historical new high. However, this wave should not just end here; the market will rise again, and the major coin's weakness will be supplemented by the strength of the second coin to reach resistance in the 118-120 range. The altcoin sector will start to rotate, although I don't think it is the altcoin season, the market will have a surge. Hold onto your chips; JTO performed quite well today; this is just the beginning.
Weekend Highlights, mainly watching the counterattack of the altcoin sector.
BTC's market, after touching 1175, retested. Now, the key support levels to focus on in the intraday range are 1145-1155, to prevent a weak spike around 1140 before starting to attack again. The main focus is on the resistance level near 1185. If this level stabilizes, it can open up further space and directly attack the 120-122 range.
ETH had a one-sided day of increase; this kind of surge is actually not very good in general terms, as it does not drive an overall market rally. However, it still broke the historical high directly. According to normal understanding of the trend, this wave has not ended, and the market will continue to rise. The intraday support levels can be focused on the 4550-4650 range, while resistance levels can be looked at in the 5000-5300 range.
For altcoins, still focus on the SOL chain and meme sectors, primarily watching Dogecoin and SOL, with light positions in JTO and WLD. The next breakout will occur in these two sectors.
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ETH is awesome, it has directly reached a new high, and it's about to break the historical high.
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What the hell, is ETH playing like this? Directly stabilizing at 4600?
Don't say that today it's going to hit a historical high, that would be crazy.
Don't say that today it's going to hit a historical high, that would be crazy.
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BTC has stabilized this time, directly rebounding from 112. It just briefly broke below 112, which is still acceptable.
ETH has directly broken through 4350, and it's still slightly stronger than BTC. This time we will directly wait for the key node positions.
The main node position for BTC this time is near 1185, while for ETH it is near 4600.
ETH has directly broken through 4350, and it's still slightly stronger than BTC. This time we will directly wait for the key node positions.
The main node position for BTC this time is near 1185, while for ETH it is near 4600.
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ETH's 4350 is really strong
Today is already the third time
If it doesn't break through and stabilize, there will be a problem
Today is already the third time
If it doesn't break through and stabilize, there will be a problem
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August 22nd: Veteran Trader Discusses Coins - Intra-day Market Phase, BTC Weak Performance, ETH Support Rebounds Again to Attack 4350
Market review and analysis
BTC's weak performance has been persistent recently, but it still did not fall below the 112 mark yesterday, forming a double support level with the previous 1120 position. The intra-day support level provided yesterday was directly breached, still showing weak performance for BTC. However, the performance of ETH is different; the support level given yesterday was just right. The pullback support level provided in the early hours yesterday was in the range of 4200-4250, with a low of 4204, which has not been breached for a long time. During the day yesterday, it touched around 4250 several times for rebounds and fluctuations, and eventually rebounded from 4204 in the early morning until now, proving that the performance of ETH is still stronger than that of BTC, especially during this rebound phase. During declines, BTC shows weak performance, while ETH shows strong performance during rebounds. The focus in the last two days leading into the weekend is still on whether ETH can stabilize around the 4350-60 level before continuing to attack the upper range of 4500-4600.
BTC's weak performance has been persistent recently, but it still did not fall below the 112 mark yesterday, forming a double support level with the previous 1120 position. The intra-day support level provided yesterday was directly breached, still showing weak performance for BTC. However, the performance of ETH is different; the support level given yesterday was just right. The pullback support level provided in the early hours yesterday was in the range of 4200-4250, with a low of 4204, which has not been breached for a long time. During the day yesterday, it touched around 4250 several times for rebounds and fluctuations, and eventually rebounded from 4204 in the early morning until now, proving that the performance of ETH is still stronger than that of BTC, especially during this rebound phase. During declines, BTC shows weak performance, while ETH shows strong performance during rebounds. The focus in the last two days leading into the weekend is still on whether ETH can stabilize around the 4350-60 level before continuing to attack the upper range of 4500-4600.
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OKB performed so well this time, really impressive
Who do you think will be next?
Is this going to drive the market with OKB?
But the current popular narratives haven't emerged yet.
Who do you think will be next?
Is this going to drive the market with OKB?
But the current popular narratives haven't emerged yet.
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The rebound strength of BTC after the second test yesterday is very small, which indicates that the current BTC trend is showing a weak market. According to the current trend, we need to pay attention to the support defense in the range of 1128-1135. This support defense position is also the current rebound position. If this position is reached and the support holds, we can look at the range of 115-116 for a further attack.
Similarly, ETH's second test rebound reached around 4350, but it did not firmly stabilize. Based on today's trend, the current support point is in the range of 4200-4250. However, considering ETH's strong performance, it may not necessarily pull back to this range. Just pay attention to the support in this defensive range. Above, we can focus on the direct observation of the 4500-4600 range after 4350 stabilizes. The key point is to pay attention to whether 4600 can stabilize and break through. If the 4600 point can break and stabilize, then the market will attack historical highs again. Conversely, if it cannot break and stabilize at 4600 before the end of the month and the rebound to the 4500-4600 range continues to struggle to break through, then we can start to look bearish.
Similarly, ETH's second test rebound reached around 4350, but it did not firmly stabilize. Based on today's trend, the current support point is in the range of 4200-4250. However, considering ETH's strong performance, it may not necessarily pull back to this range. Just pay attention to the support in this defensive range. Above, we can focus on the direct observation of the 4500-4600 range after 4350 stabilizes. The key point is to pay attention to whether 4600 can stabilize and break through. If the 4600 point can break and stabilize, then the market will attack historical highs again. Conversely, if it cannot break and stabilize at 4600 before the end of the month and the rebound to the 4500-4600 range continues to struggle to break through, then we can start to look bearish.
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August 21st Old Investor Talks Coins: BTC and ETH Expectations Met, How to View the Last Few Days of This Week
Market review analysis
Yesterday, it was mentioned that the market would have a second test and then surge. Both BTC and ETH basically reached the expected second test positions before starting to rebound. BTC exceeded the expected second test position of 1126, hitting a low of 1124, which is over 200 dollars difference, and only started to rebound after hitting a small new low for the day. Even today, the first resistance level reached just above 1145. ETH exactly reached the expected second test position around 4100 before starting the rebound, with the resistance set at 4360. The highest rebound reached 4377, but the market has not yet stabilized and started to rise. Overall, there have been unusual movements in the altcoins; if it's time to enter the market, then do so. The focus remains on DOGE and SOL.
Yesterday, it was mentioned that the market would have a second test and then surge. Both BTC and ETH basically reached the expected second test positions before starting to rebound. BTC exceeded the expected second test position of 1126, hitting a low of 1124, which is over 200 dollars difference, and only started to rebound after hitting a small new low for the day. Even today, the first resistance level reached just above 1145. ETH exactly reached the expected second test position around 4100 before starting the rebound, with the resistance set at 4360. The highest rebound reached 4377, but the market has not yet stabilized and started to rise. Overall, there have been unusual movements in the altcoins; if it's time to enter the market, then do so. The focus remains on DOGE and SOL.
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Today we realized the early review of the second exploration market.
BTC exceeded the expected 1126, with a low around 1124.
ETH just reached the interval near 4100 for a rebound.
From the trend, Bitcoin is slightly weaker.
Today there is a small rebound during the day before a second exploration attack.
Now it is an upward market.
For BTC, the main focus is on the first resistance in the 115-116 range, with the second expected near 118.
Bitcoin stabilizes in the 1160-1175 range for an upward attack; this wave will also experience some fluctuations, and we can look at the 120 range again.
For ETH, the main focus is near the 4350 position. If it stabilizes, pay close attention to whether it can stabilize at 4600. If it can break through and stabilize directly, the market can look at historical highs. If resistance is established in the 4500-4600 range, then we can look at shorting directly to the 3600-3800 range.
Regarding altcoins, we are currently focusing on SOL and Dogecoin.
BTC exceeded the expected 1126, with a low around 1124.
ETH just reached the interval near 4100 for a rebound.
From the trend, Bitcoin is slightly weaker.
Today there is a small rebound during the day before a second exploration attack.
Now it is an upward market.
For BTC, the main focus is on the first resistance in the 115-116 range, with the second expected near 118.
Bitcoin stabilizes in the 1160-1175 range for an upward attack; this wave will also experience some fluctuations, and we can look at the 120 range again.
For ETH, the main focus is near the 4350 position. If it stabilizes, pay close attention to whether it can stabilize at 4600. If it can break through and stabilize directly, the market can look at historical highs. If resistance is established in the 4500-4600 range, then we can look at shorting directly to the 3600-3800 range.
Regarding altcoins, we are currently focusing on SOL and Dogecoin.
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On August 20, the experienced investors discuss coins: BTC and ETH have both reached near the daily support level, the rebound has begun, and the rotation of altcoins has started.
Market Review and Analysis
The BTC market was expected to continue its decline yesterday, and this morning it directly reached the 112-113 range, similar to ETH's 4000-4200 range. BTC's defense at 112-113 is very important. As long as it does not break below the 112 level in the next two days, it will not touch the daily support level between 108-112. Today, it has already reached just over 112, so this is where we can look for support rebounds. ETH is guarding against the 3950-4050 range. In the recent days, it has directly fallen to this level, with a similar trend as BTC. This morning, the lowest spike was 4070, which is very close to the previously guarded spike range of 3950-4050, and it has also reached the counterattack position of the 4000-4200 range. So now, BTC and ETH are basically synchronized to the support rebound range, especially as the decline of altcoins has gradually decreased, with no more room to fall. The stop-loss situation has occurred. The current market can directly look for a rebound, and the decline of altcoins has gradually decreased, even this round of decline has not reached or exceeded the decline of BTC. So now it is very clear that altcoins should enter the market when they should, focusing on the trends of DOGE and SOL, and also considering the trends of JTO and WLD. Although these two cryptocurrencies are not as strong as the first two, they are at a very low position, basically at an absolute bottom position. Everyone should manage risks well and not hesitate.
The BTC market was expected to continue its decline yesterday, and this morning it directly reached the 112-113 range, similar to ETH's 4000-4200 range. BTC's defense at 112-113 is very important. As long as it does not break below the 112 level in the next two days, it will not touch the daily support level between 108-112. Today, it has already reached just over 112, so this is where we can look for support rebounds. ETH is guarding against the 3950-4050 range. In the recent days, it has directly fallen to this level, with a similar trend as BTC. This morning, the lowest spike was 4070, which is very close to the previously guarded spike range of 3950-4050, and it has also reached the counterattack position of the 4000-4200 range. So now, BTC and ETH are basically synchronized to the support rebound range, especially as the decline of altcoins has gradually decreased, with no more room to fall. The stop-loss situation has occurred. The current market can directly look for a rebound, and the decline of altcoins has gradually decreased, even this round of decline has not reached or exceeded the decline of BTC. So now it is very clear that altcoins should enter the market when they should, focusing on the trends of DOGE and SOL, and also considering the trends of JTO and WLD. Although these two cryptocurrencies are not as strong as the first two, they are at a very low position, basically at an absolute bottom position. Everyone should manage risks well and not hesitate.
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August 19th: Veteran Investor Discusses Coins: BTC, ETH Rebound Weak, Altcoins Lack Liquidity, What's the Outlook?
Market Review and Analysis
In yesterday's BTC trend, the daily level closed with a golden needle half shadow. It rebounded to 117 in the early morning and then dropped again. The rebound at this position is not ideal, and it is expected that the recent market will move in a sideways range. Yesterday, the daily level closed at 116, and it has not completely broken below the 116 daily level. However, the rebound strength in the early morning was very small before it dropped again. Therefore, the recent market is still not very good. ETH closed at 4345 yesterday and did not directly close above 4350. After breaking below 4350, it quickly touched the critical area near 4200 and rebounded slightly. The strength of the market rebound is also very small, as the early morning rebound did not even touch 4400, only reaching a maximum of around 4390. Normally, the current rebound strength is still relatively small. Altcoins lack liquidity, and when the major coins rose earlier, altcoins were still sluggish. This time, when the major and second coins were pulled back from their highs, the altcoins performed even worse. However, during the decline of the second coin, altcoins only fell in sync, and the decline was not particularly large, mostly showing a proportionate decline, even smaller than that of the second coin. This is a market condition caused by poor liquidity.
In yesterday's BTC trend, the daily level closed with a golden needle half shadow. It rebounded to 117 in the early morning and then dropped again. The rebound at this position is not ideal, and it is expected that the recent market will move in a sideways range. Yesterday, the daily level closed at 116, and it has not completely broken below the 116 daily level. However, the rebound strength in the early morning was very small before it dropped again. Therefore, the recent market is still not very good. ETH closed at 4345 yesterday and did not directly close above 4350. After breaking below 4350, it quickly touched the critical area near 4200 and rebounded slightly. The strength of the market rebound is also very small, as the early morning rebound did not even touch 4400, only reaching a maximum of around 4390. Normally, the current rebound strength is still relatively small. Altcoins lack liquidity, and when the major coins rose earlier, altcoins were still sluggish. This time, when the major and second coins were pulled back from their highs, the altcoins performed even worse. However, during the decline of the second coin, altcoins only fell in sync, and the decline was not particularly large, mostly showing a proportionate decline, even smaller than that of the second coin. This is a market condition caused by poor liquidity.
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