Ethereum's reversal breakthrough, is the altcoin market still far behind? --BTC Market Analysis on April 9th (by Kunpeng)

CN
1 year ago

Yesterday, BTC led the breakthrough of the resistance level at 71,000, and ETH followed suit, reversing and breaking through the key resistance level to form a large bullish rally. Based on the trend structure, it is recommended to continue holding spot positions. There is no major risk in the short term in the market, and it is possible to buy small coins with good structures during the pullback on the 30-minute timeframe. It is a good idea to plan the layout of small coins and make preparations in advance for the second half of the altcoin market to blossom.

As early as last month, it was mentioned that attention should be paid to the re-staking sector of the Ethereum ecosystem and the blockchain gaming sector in April and May. The internal group has laid out the re-staking track for ALT, which currently appears to be very strong and can be held. In the blockchain gaming track, the mid-term layout of GALA is undoubtedly to continue holding, and HIGH is also showing strong counter-trend rally, which can also be included in the mid-to-long-term layout. Next, hold the coins and wait for the rise, there is no need to worry. Whenever there is a major risk, the teacher will remind through video analysis!

Disclaimer: The above content is purely personal opinion and is for reference only. It does not constitute specific operational advice, nor does it bear legal responsibility. The market situation changes rapidly, and the article has a certain lag. If you have any questions, you can ask in the comments section.

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