Sol adjusted one step earlier than BTC, and the daily candlestick adjustment of Sol seems to have come to an end. BTC will continue to adjust downwards. The difference is that BTC is stronger than Sol in the market. Sol adjusted to the middle track of the 2-daily candlestick Boll last night, while BTC is unlikely to adjust to that level (85755) in the short term, as support levels around 90,000 are strong. Bearish traders who want to make a profit from the pullback of BTC at around 10,000 points need to have much greater difficulty and patience for swing trading than long and short positions.
So if you encounter a dip in the short term, go long. Starting from today, the main focus is on SOL, followed by ETH. BTC is mostly sideways within the 3k range, which provides an opportunity for altcoins to go to the moon. The biggest difference between the current volatility and the volatility from April to September is that altcoins are falling along with BTC in April to September, and the fall is even more intense. Now it's BTC falling and altcoins rising. This indicates that the market's capital volume has relatively increased without significant outflows, but rather rotating back and forth. Therefore, altcoins are not completely synchronized with the rise and fall of the BTC market at the moment, and this phenomenon will return to normal after BTC breaks through 100,000 in the future.
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Sol adjusted one step earlier than BTC, and the daily candlestick adjustment of Sol seems to have come to an end. BTC will continue to adjust downwards. The difference is that BTC is stronger than Sol in the market. Sol adjusted to the middle track of the 2-daily candlestick Boll last night, while BTC is unlikely to adjust to that level (85755) in the short term, as support levels around 90,000 are strong. Bearish traders who want to make a profit from the pullback of BTC at around 10,000 points need to have much greater difficulty and patience for swing trading than long and short positions.
So if you encounter a dip in the short term, go long. Starting from today, the main focus is on SOL, followed by ETH. BTC is mostly sideways within the 3k range, which provides an opportunity for altcoins to go to the moon.
The biggest difference between the current volatility and the volatility from April to September is that altcoins are falling along with BTC in April to September, and the fall is even more intense. Now it's BTC falling and altcoins rising. This indicates that the market's capital volume has relatively increased without significant outflows, but rather rotating back and forth. Therefore, altcoins are not completely synchronized with the rise and fall of the BTC market at the moment, and this phenomenon will return to normal after BTC breaks through 100,000 in the future.