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Details: ht
#PCE指标即将公布# The current altcoin market is in a special phase, and the buy the dip opportunity is approaching but not yet mature. Although there has been a mild rebound in Bitcoin and Ethereum recently, this has not changed the overall bearish market pattern. The correlation between alts and mainstream tokens remains weak, and the market liquidity has not significantly returned. Trading volume continues to be sluggish, with most altcoins either maintaining a sideways consolidation state on low volume or struggling to recover after breaking important support levels.
The turning point of the altcoin market mainly depends on the performance of BTC and ETH. Bitcoin needs to form an effective bottoming pattern in the range of 105,000 to 106,000 USD, which is the basic prerequisite for the reversal of the altcoin market. If Bitcoin can show a "significant fall with a pin bar followed by a strong rebound" pattern, the selling pressure of altcoins will be supported by capital. At the same time, Ethereum, as an emotional indicator of the altcoin market, is likely to lead the reversal of the downtrend once it stops falling and begins to consolidate sideways.
The real buying dip opportunity is expected to appear around October 2nd. Investors need to closely monitor the resonance signals of multiple coins stabilizing simultaneously. For market participants who are currently feeling confused and frustrated, it is worth noting that the investment opportunities in alts have not disappeared, but have merely been delayed. In the current market environment, the key is not to blindly buy the dip, but to have enough patience to wait for the right entry point, exchanging waiting for a larger profit margin.