Penny Morning Report | Emotions Under Pressure, Defense is Key
Today the market has started to weaken again, mainstream coins are all pulling back:
$BTC, $ETH are giving back previous rebounds, $BNB and $SOL are following with downward pressure, altcoins are experiencing significant declines, and the overall sentiment is bearish.
The current rhythm is not a systemic negative, but rather a continuation of loosening high-level positions + a decline in risk appetite. Funds are contracting, and the willingness to go long is not strong.
In terms of strategy, it is recommended to focus on defense in the short term, patiently waiting to see if key support can sustain with increased volume.
