It has been proven that no matter how tough the altcoin is, it is ultimately just a fleeting moment, just like the relatively strong ones yesterday: $ZEC , $TNSR
ZEC: Yesterday the market experienced a waterfall decline, but once it started to stabilize, it quickly returned to the 700 level. However, from a short-term trend perspective, it has already reached a peak divergence, and the bearish strength is quite strong with multiple failed attempts to break through. 【Calmly opening positions, the giant whale is shorting ZEC】 It dropped by 30%, and intraday it reached a strong support level around 470 where it began to stabilize and rebound, but there was no significant volume. Bulls can continue to patiently wait for opportunities in the evening or on weekends, while during the day they can focus on some low-market-cap coins for short-term trading.
TNSR: The bottom has stretched 10 times, which is also the hottest and most beneficial altcoin recently. Personally, I only started to pay attention when it reached around 0.075 on the growth list. There has been a significant inflow of funds on-chain, and the main force continues to go long. After a surge, it briefly retraced and then entered a sideways trend. One reason is to eat the funding rate, and the other is to induce shorts, control the market, collect chips, and then use the short sellers as fuel. 【This coin has too many retail investors shorting recently, leading to liquidations】. I also followed the main force's perspective to go long and made some significant profits for my followers.
Altcoins have high volatility and high returns, but the risks are also proportional. Choosing the right direction and following the right people can save you a lot of detours. For specific and precise points: chat room!
