2024.10.15, Altcoin Hotspot Insights:
The probability of the Federal Reserve lowering interest rates by 25 basis points in November is 87.7%, while the probability of no rate cut is 12.3%. Keep an eye on the news.
TURBO surged significantly; previously mentioned the future trend of AI, continue to focus on the AI sector: AIDOGE, LAMB, FET, WLD.
DOGS faces resistance around 0.00095; after reaching this level, there will be a small pullback. Those who haven't entered can either buy at the current price or wait for a pullback to enter.
SLERF has risen 70 points from the bottom; it is not recommended to chase the high. Wait for a pullback to around 0.2 and 0.18 before entering.
SUI is facing insider trading allegations against the foundation, but this has been denied by the officials. However, it will still have an impact, leading to a short-term pullback. Enter after the pullback.
10.15 Daily Report on BTC: Short-term fluctuations do not indicate stagnation.
The daily line closed with a long upper shadow and a large bullish candle near the previous high, indicating some pullback is expected, but it is not a major issue. Altcoins continue, and the long-term trend remains clearly bullish.
In the medium-term market, prices have ultimately chosen a new high amidst constant ups and downs. Although a single-day increase of over 6% is enticing, it may trigger a period of fluctuating downward trends, leading to a rotation in altcoins and igniting market sentiment!
In the short term, maintain a wait-and-see approach; after the recent rise, do not focus on short-term movements.
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