I just saw a piece of news, and it got me thinking...
Everyone is now watching the performance of BTC and ETH, especially BTC’s price, which is still hovering around $63,000. Today’s 24-hour low even dipped to $63,059.39.
However, I noticed that ADA has already fallen by 6.06%. Today’s 24-hour low is $0.1533, and this price seems to already reflect the market’s bearish expectations toward it.
And I also saw that XRP’s price is down 4.28% as well. Today’s 24-hour low is $1.0548, which also seems to be starting to reflect the market’s bearish expectations.
But I don’t think this is a widespread bearish trend. I believe the market has overreacted—especially for some undervalued coins like MATIC. Today, its price is only down 0.29%, and today’s 24-hour high is $0.3806.
My stance is bullish. These undervalued coins are likely to achieve higher prices in the coming period—for example, $SUI . Today’s 24-hour high is $0.7247.
#cryptocurrency #bitcoin #cardano
🚀
Everyone is now watching the performance of BTC and ETH, especially BTC’s price, which is still hovering around $63,000. Today’s 24-hour low even dipped to $63,059.39.
However, I noticed that ADA has already fallen by 6.06%. Today’s 24-hour low is $0.1533, and this price seems to already reflect the market’s bearish expectations toward it.
And I also saw that XRP’s price is down 4.28% as well. Today’s 24-hour low is $1.0548, which also seems to be starting to reflect the market’s bearish expectations.
But I don’t think this is a widespread bearish trend. I believe the market has overreacted—especially for some undervalued coins like MATIC. Today, its price is only down 0.29%, and today’s 24-hour high is $0.3806.
My stance is bullish. These undervalued coins are likely to achieve higher prices in the coming period—for example, $SUI . Today’s 24-hour high is $0.7247.
#cryptocurrency #bitcoin #cardano
🚀