
                                    <div>
                                      <h3>Market View</h3>
                                      <p>Bullish on altcoins if key highs are broken</p>
                                      <h3>Trading Strategy</h3>
                                      <p>Watch for a breakout above the initial 2024 and May local highs; consider going long after confirmation</p>
                                      <h3>Core Logic</h3>
                                      <p><ol>
    <li>
Total altcoin market cap made a higher low on the bounce
    </li>
    <li>
breaking previous highs would confirm a bullish high timeframe structure
    </li>
</ol></p>
                                    </div>
                                    

The Total #ALTCOIN Market Cap has made a higher low on this recent bounce.
The key area to break is that initial 2024 and local high from May this year.
Break that and we can confirm a higher high to be made and for the high timeframe market structure to be back to bullish for alts.

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Today we saw gold, silver, and palladium all hit new highs! Since the correction at the end of October, gold has been trading above the 25-35 day moving average; silver is rising along the four-hour moving average; and palladium is rising along the three-day moving average.
Synchronization: This "synchronized new highs" usually signifies the start of a major trend. Gold provides "stability," silver provides "elasticity," while the addition of palladium indicates a dual surge in industrial and investment demand.
In this clear upward trend, trading volume has not weakened significantly and no bearish structure has emerged. Don't try to short the short at the top; otherwise, you'll end up with...

Market Analysis | Gold, Silver, and Palladium Hit New Highs! How High Can They Go!?

Another case of "address poisoning," causing one user to lose $50 million. Photo: Techradar
The attack caused a shock.
A cryptocurrency user lost nearly $50 million USDT after mistakenly transferring the funds to...

Another case of "address poisoning," causing one user to lose $50 million.

Currently, looking at the daily chart of US stocks, two key signals are needed for confirmation that the market is turning bearish:

- Break below key support: The three major indices must break below the red line.

- Structural reversal: Lower Highs and Lower Lows must appear in the trend.

Currently, the overall trend is still upward, but since no higher highs have been reached, it has essentially been in a consolidation phase since October 30th.

According to Market Pulse data, the index is currently at 50...