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Two days have passed since BTC broke down and closed below 100k, continuing to drop further to the 94k level. ETH also declined in tandem. With the two major assets underperforming, the entire altcoin market has turned negative across the board.
Observing the daily candles of BTC and ETH, both show only mild, gradual recoveries with weak volume — a sign of retail accumulation at “good prices” and a very small amount of smart money stepping in. Most major players simply no longer have enough capital on hand to catch the bottom.
There is no real tug-of-war, no breakout, once again confirming that the market is lacking fresh momentum in the midst of a negative macroeconomic environment.
The sensible move at this moment is to protect the value of your portfolio, especially altcoins, as it’s unclear how much further they might fall. Here are the actions we can consider: 1. Swap everything into USDT and wait for better entry opportunities. 2. Swap everything into major assets to minimize further decline: BTC, ETH, BNB, SOL. 3. Swap one-third into USDT, one-third into major assets, and one-third into trend-setter projects such as: $ZEC , $ASTER , $HYPE, $ZK to capitalize on short-term upside.
What would you do now? #Fualnguyen #BNBholic #Asterians
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#morpho $MORPHO Create at least one original post on Binance Square with a minimum of 100 characters. Your post must include a mention of @Morpho Labs 🦋 bs, cointag $MORPHO , and contain the hashtag #Morpho to be eligible. Content should be relevant to Morpho and original.