BTC is down just 0.5% in 24 hours, while ALGO is down 6% and NOT is down 4.3%—a tenfold difference in losses. Liquidity is what matters for altcoins now. BTC sets the direction; smaller coins amplify the volatility. Screen coins using three indicators: trading volume, on-chain activity, and market sentiment. Diversify across sectors: UNI in DeFi, ALGO in public chains, and HBAR in enterprise blockchains, with one position in each.
Current prices: BTC at 81584 is the reference point. If it holds here, altcoins will have a window to recover. ALGO is at 0.1122, with support at 0.108 and a rebound target of 0.118; UNI is at 7.19, with 7.0 as the dividing line; NOT is at 0.000399 and is the most volatile, so keep the position size to a minimum.
When screening coins, do you look at trading volume or on-chain activity first?#BTC #ALGO
Current prices: BTC at 81584 is the reference point. If it holds here, altcoins will have a window to recover. ALGO is at 0.1122, with support at 0.108 and a rebound target of 0.118; UNI is at 7.19, with 7.0 as the dividing line; NOT is at 0.000399 and is the most volatile, so keep the position size to a minimum.
When screening coins, do you look at trading volume or on-chain activity first?#BTC #ALGO