Market Feedback After US-Iran Contact: BTC Sideways, Altcoins Show "Polar Opposite" Performance
Following yesterday's discussion on "US-Iran Resuming Contact," today's market is the most authentic "sentiment verification period." The market did not show extreme moves but rather strong divergence:
📉 Major Coins "Calm"
BTC is at 84,211 USDT (-0.25%), ETH at 2,675 USDT (-0.32%). Compared to the sharp fluctuations in crude oil mentioned yesterday, core crypto assets are very resilient, with good chip lock-in, indicating that the reduction in macro risk premium has not triggered panic selling.
🎢 Altcoins "Roller Coaster"
● LTC plunged 4.05% to 70.83 USDT, the first to be sold off when sentiment is unclear.
● ONE crashed 10.61%, breaking through the bulls' defense line.
● ZEC, however, rose against the trend by 1.51% to 1,539 USDT. The independent rally of privacy coins suggests some funds are seeking hedging or speculating in specific sectors.
💡 Trading Suggestions
Macro risk has decreased, but liquidity is withdrawing from weak altcoins.
1. Cut the weak, keep the strong: During BTC's sideways phase, avoid blindly bottom-fishing the biggest losers (like ONE) to prevent slow declines.
2. Watch for anomalies: ZEC's strength against the trend is noteworthy; a volume breakout could signal rotation.
The current market is about "endurance," hold onto the majors and wait for direction! How are your altcoins doing today? Let's discuss in the comments!#BinanceWillListHyperliquid(HYPE) #FedOctoberRateHikeOddsRiseTo69.7%
Following yesterday's discussion on "US-Iran Resuming Contact," today's market is the most authentic "sentiment verification period." The market did not show extreme moves but rather strong divergence:
📉 Major Coins "Calm"
BTC is at 84,211 USDT (-0.25%), ETH at 2,675 USDT (-0.32%). Compared to the sharp fluctuations in crude oil mentioned yesterday, core crypto assets are very resilient, with good chip lock-in, indicating that the reduction in macro risk premium has not triggered panic selling.
🎢 Altcoins "Roller Coaster"
● LTC plunged 4.05% to 70.83 USDT, the first to be sold off when sentiment is unclear.
● ONE crashed 10.61%, breaking through the bulls' defense line.
● ZEC, however, rose against the trend by 1.51% to 1,539 USDT. The independent rally of privacy coins suggests some funds are seeking hedging or speculating in specific sectors.
💡 Trading Suggestions
Macro risk has decreased, but liquidity is withdrawing from weak altcoins.
1. Cut the weak, keep the strong: During BTC's sideways phase, avoid blindly bottom-fishing the biggest losers (like ONE) to prevent slow declines.
2. Watch for anomalies: ZEC's strength against the trend is noteworthy; a volume breakout could signal rotation.
The current market is about "endurance," hold onto the majors and wait for direction! How are your altcoins doing today? Let's discuss in the comments!#BinanceWillListHyperliquid(HYPE) #FedOctoberRateHikeOddsRiseTo69.7%
