Altcoins EXPLODING ๐ What's REALLY Happening?
This isn't just random pumps. We're seeing broad altcoin momentum, with many tokens surging 10-35%. This typically signals liquidity rotating from majors into high-beta alts, especially when $BTC is stable or slowly climbing.
Most of these are perp pairs, meaning leverage and funding rates are driving these moves, not just spot buying. These are impulsive, short-term pumps, not yet confirmations of long-term trends.
Look at PROMPT, BEAT, and JELLYJELLY โ likely low to mid-cap coins ripe for squeezing. Older names like LUNA2, LRC, and AERGO are seeing rotation pumps, often followed by sharp pullbacks.
Chasing green candles is a high-risk game. The smart play? Wait for pullbacks to support or trade failed breakouts for short scalps. These pumps are for intraday volatility, not blind swing entries.
This is a technical setup analysis.
Trade with caution.
#Crypto #Altcoins #Trading #Binance
