From the daily chart perspective, Bitcoin still needs to undergo some adjustment for a period of time. Once the adjustment is over, there may be a rebound. Yesterday, the risks were already highlighted: for many of the altcoins, a pullback is likely. BTC, ETH, and SOL have all corrected by around three to four percent, and Bitcoin has corrected by about one percent as well—these are all normal.
In the past few days, most coins on the RH chain have fallen by more than 90%. I think it’s only big BTC that still has a chance to bounce; otherwise, these coins would all have to go to zero.
In short, it’s still the same old saying: the market isn’t short of opportunities, but the market has changed. It’s no longer the kind of market where you can make money just by casually trying. Try to avoid major risks and large losses, and don’t indulge in fantasies about the market.
In the past few days, most coins on the RH chain have fallen by more than 90%. I think it’s only big BTC that still has a chance to bounce; otherwise, these coins would all have to go to zero.
In short, it’s still the same old saying: the market isn’t short of opportunities, but the market has changed. It’s no longer the kind of market where you can make money just by casually trying. Try to avoid major risks and large losses, and don’t indulge in fantasies about the market.
