$BTC The biggest problem with altcoins is that their support levels are much lower.
If $BTC sneezes, and the retracement drops to just 89k-90k, it means many altcoins will face a 10%–40% downside. These levels will undoubtedly be excellent rebound zones. But if $BTC dies, the situation won't last long, and things will quickly turn bad.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$BTC The biggest problem with altcoins is that their support levels are much lower.
If $BTC sneezes, and the retracement drops to just 89k-90k, it means many altcoins will face a 10%–40% downside.
These levels will undoubtedly be excellent rebound zones.
But if $BTC dies, the situation won't last long, and things will quickly turn bad.