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Recent crypto market alerts
Some altcoins have risen over 30% this month, but many investors missed the opportunity or took profits too early. DOGE surged on the news of "proposed ETF", but before there is substantial capital inflow, such speculation should be viewed rationally.
As October approaches, rumors about ETFs are increasing, and we need to be cautious of "chasing high positions"; UNI fell over 10% yesterday, raising speculation about large investors exiting early, and currently several altcoins are closing in the red on the daily chart, with previous varieties undergoing corrections.
Last Friday, it was advised to "reduce positions at highs" and suggested to review and adjust your holdings. This week, there will be large unlocks of multiple tokens, leading to significant selling pressure, so blind buying is not recommended. Based on the 24-hour liquidation data, SOL, DOGE, and the newly listed PUMP and WLFI all carry operational risks.
There were many bullish opportunities in the first half of this month, and it is recommended to take profits as expected. The market is volatile before the Federal Reserve cuts interest rates, and the paper profits are unstable, so caution is needed for a pullback, and positions should be controlled in a timely manner. #美联储降息预期升温