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Bitcoin is oscillating, and the altcoins are about to take off again!
$ONDO and $CFG are both in the car, and the near project we talked about some time ago has finally started to rally.
Edu and Link are slightly up, and today I bought back $SUI and APT.
I dare not buy more than I already have, I’ve looked at many coins that are doing pretty well. I sold my CFG and switched to ONDO, SUI and APT are in the same sector. When the time comes, I’ll see which one can’t rise and switch to another. Altcoins shouldn’t be bought too much; focus on a few good ones, buy and hold. Once a big retracement occurs, I simply can’t sell fast enough. My fastest move is operating three coins simultaneously.
Bitcoin has a resistance level at around 790 above, and it needs to break through that before turning bullish. For now, I’m still bearish. This doesn’t prevent altcoins from continuing to take off. It feels like the old pattern is back—Bitcoin oscillates while altcoins take off. This is the second time, and if it happens a third time, it’s pretty much confirmed that this pattern has returned.
The main reason is that altcoins have fallen into place and are ready to rebound. But I still need to keep an eye on Bitcoin. If Bitcoin can’t hold steady, altcoins will fall very quickly.