#SOL summarized the viewpoints of major top traders, and currently, most traders have quite consistent opinions: the market needs a period of adjustment in the short term. Overall, people are relatively optimistic about $BTC , but there is a generally pessimistic attitude towards alts, and most are avoiding risks. Apart from a few mainstream alts, most are considered to be entering a bear phase. Although this sounds a bit cliché, I still want to remind you again — the risks of alts should not be underestimated; choosing the wrong coin could lead to losses even with Spot.


Many alts are now left without buyers, which is quite awkward. The alts that can be purchased now are either mainstream coins like ETH or $SOL that have ETF expectations, or projects like $HYPE that have income and buyback mechanisms.
I personally don't think the market will immediately turn bearish, but this stage is indeed not suitable for aggressive operations, so my positions are very light. I currently only have less than 6 layers of Spot, mainly in mainstream coins. If it drops a bit more, I might add some more Spot, but I won't leverage; I'll still focus on stability.
SOL1%
BTC1.63%
ETH2.86%
HYPE-0.33%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
It_sBetterToHaveFewerThingsvip
· 10-25 12:05
Just go for it💪
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)