
Pai 𝕏|May 25, 2025 16:04
Many altcoins are already on the life and death line of their structural form, but on the other hand, even if the current upward trend line of Bitcoin falls below, as long as the 101K and 98K lines below do not break, the probability of the one-sided trend continuing will continue.
But I took a quick look at the structure of the altcoin market, and many of them formed an M-top shape, located at the neckline below the M-top. Once Bitcoin fails to defend here, there will really be many flood discharge trends. If it can be held, the altcoin may eventually undergo a transformation in form, evolving into a box oscillation or rectangular accumulation form.
This may also be the fundamental reason why the entire market is currently anxious about the altcoin market!
At this point, it can also be clearly seen from the Others.D chart that the overall market value of altcoins is still in a weak position compared to Bitcoin.
For the altcoin market, I think we both want to curse at this moment! But if you cannot be a qualified trader, no matter what situation you face, just trade your plan and execute your strategy. Just be an emotionless robot and scumbag, don't be obsessed and strictly follow trading discipline.
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