$ALT COINS A LONG-TERM DOWNTREND
The $ALT coin market has remained under pressure for nearly 2 years.
📉 18 Months: Continued weakness
📉 1 Year: OTHERS Index around -32.6%
📊 6 Months: Strong price movement, but the bigger trend remains weak.
Never make a Buy or Sell decision based on a single green candle. A short-term move during a multi-year downtrend can sometimes turn into a false breakout.
Watch the overall trend, higher highs, higher lows, volume, and resistance levels before drawing conclusions.
#altcoins
#crypto
#BinanceSquareFamily #CryptoMarketMoves
#bitcoin
The $ALT coin market has remained under pressure for nearly 2 years.
📉 18 Months: Continued weakness
📉 1 Year: OTHERS Index around -32.6%
📊 6 Months: Strong price movement, but the bigger trend remains weak.
Never make a Buy or Sell decision based on a single green candle. A short-term move during a multi-year downtrend can sometimes turn into a false breakout.
Watch the overall trend, higher highs, higher lows, volume, and resistance levels before drawing conclusions.
#altcoins
#crypto
#BinanceSquareFamily #CryptoMarketMoves
#bitcoin
