This article is machine translated
Show original

Has the cow returned? At this stage, the market should first understand the overall trend and see if the bull market has resumed. BTC is still not as strong as stocks, outperforming the index slightly, but still lagging behind leading stocks. However, the current market is dominated by altcoins, with even GG rising across the board. Currently, BTC's ETF and DAT are both growing slowly. The ETH ETF is growing rapidly in terms of its coin-based value; the DAT trend is not showing a significant weakening. On the charts, ETH is indeed stronger. The issuance of U has recovered slightly. Overall, the outlook is still for a rebound, but this rebound can be avoided, especially in altcoins, because there isn't much easy money left. You'd be competing with shrewd investors for small profits in big coins and with hungry market makers for the limited liquidity in altcoins. Judging from the duration of the pullback, it's enough to accumulate a rebound, but the pullback isn't significant enough. It might continue down to 70,000, or the rebound might be weak. If you're confident, actively participate. Strategically, once the market starts to rise, it's best to All In all in on BTC. If the trend reverses, switch to altcoins. You might find yourself back to square one while you're sleeping. One BTC, plus three or fewer altcoins you understand—no need to overcomplicate things. If the trend is wrong, just run immediately.

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments