💥 Alternative currencies are taking heavy hits — does this represent the beginning of an opportunity?
After the sharp collapse on October 10 that caused liquidations exceeding $19 billion, most alternative currencies (Altcoins) experienced sharp declines, while Bitcoin maintained its relative stability.
🔻 Currencies such as Solana and Cardano recorded losses ranging from 20% to 30% during the week, reflecting strong selling pressure in the market and a testing phase for key support levels.
⚠️ What should be monitored now?
• Focus on currencies that have strong fundamentals or upcoming catalysts such as network updates or partnership announcements.
• Avoid currencies with low liquidity or weak price structures, as they are more susceptible to risks.
💡 In the crypto world, not every drop is the end... sometimes it is the beginning of a great opportunity.
