I was warning about W yesterday, and today it’s already pulled back 20%. If you chased in, get ready to hold the bag. That’s how momentum trades go: they come fast, and you’re left holding the bag even faster. Own it.
The gainers’ list has new names, and this time they’re all old-school coins: GTC and RSR jumped 50% in a day, with FIL and ICP following along. The key change is volume. Yesterday I said the old coins’ catch-up rally didn’t count because volume was too low. Today, volume really came in—RSR did over $200 million in a single day. This isn’t just a catch-up rally; it’s a baton pass.
Need to distinguish GTC from RSR: GTC surged, then got knocked back 13 points, and there’s a wall of bagholders overhead—too risky to touch. $RSR is only 6 points off its high, with a shallow pullback and no drop in volume. That’s the kind of coin worth waiting to buy on a retest.
Bitcoin and Ethereum are still moving sideways. Above 80K, there’s no clear direction. Altcoins are doing their own thing: pick the right sector and you’ll make money; pick the wrong one and you’ll be left holding the bag.
If you’re waiting for a pullback, drop a 1. Those of you left holding the bag at the top—pretend I didn’t say anything.
#加密市场 #AltcoinRotation