|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bitcoin Hovers at Resistance Levels, Threatening Market Sentiment
Recent analysis by YouTube channel Crypto Banter reveals Bitcoin's ongoing struggle to surpass crucial resistance levels, despite trading close to $63,000. The failure to regain the $67,000 mark raises concerns for the overall market sentiment.
Altcoin Market Under Scrutiny During Macro Bull Market
Shifting the focus to the altcoin market, the analysis assesses its position within the broader macro bull market. Discussions center around market cycles, including left-translated, right-translated cycles, and the implications of double tops.
Experts suggest the potential for a 30-50% dip in numerous altcoins. Specific altcoins mentioned include AI, AGI, GRT, OCEAN, and others. The analysis notes that most altcoins are facing resistance at mid-range levels, indicating a potential for further downside.
Top Altcoins Poised for a 30-50% Drop
AGI (SingularityNET): Faces a potential 30% decline, with support around $0.67. Further correction is anticipated before stabilization.
GRT (The Graph): Expected to experience a 30% downward movement. Investors are advised to exercise caution as prices may drop in the near term.
Ocean Protocol: Downside potential of 25% if it retraces back down. Investors should observe support levels for potential buying opportunities.
AP Coin: May establish new lows, signaling a bearish outlook for the coin.
AXS (Axie Infinity): Could face a significant 47% downside if market conditions worsen.
BLZ (Bluzelle): A potential 37% decline if mid-range support is lost. Investors should anticipate further price decreases.
ELF (aelf): Deviation from the range level suggests a potential downside movement. Investors are urged to proceed with caution.
MANA (Decentraland): May experience another 15% downside movement. Key support levels should be monitored for potential buying opportunities.
INJ (Injective Protocol): Potential 39% downside if it breaches the lows. Traders should remain vigilant for potential entry points.
RUNE (THORChain): Could see a 25% decline if it sweeps the lows. Investors should closely follow price action for potential buying opportunities.
Buying Opportunity or Market Correction?
Altcoins, which tend to follow Bitcoin's trajectory, face a similar predicament. Despite their resilience, they remain susceptible to Bitcoin's movements. Analysts caution that altcoins could decline by 30-50%, prompting investors to brace for market volatility.
While acknowledging the likelihood of a correction, analysts also advise against panic, viewing it as an opportunity to acquire assets at lower prices.
免责声明:info@kdj.com
所提供的信息并非交易建议。根据本文提供的信息进行的任何投资,kdj.com不承担任何责任。加密货币具有高波动性,强烈建议您深入研究后,谨慎投资!
如您认为本网站上使用的内容侵犯了您的版权,请立即联系我们(info@kdj.com),我们将及时删除。
-
- MicroStrategy 通过可转换票据销售筹集 30 亿美元用于购买更多比特币
- 2024-11-22 10:20:01
- 这家商业情报公司计划利用出售所得收益来购买更多比特币并用于一般企业用途。
-
- Nvidia、Snowflake 超出盈利预期后股价上涨
- 2024-11-22 10:15:02
- — 在市场巨星英伟达和另一轮公司表示他们的利润比预期更高之后,美国股市周四上涨。