The current altcoin market looks quite similar to April, with Bitcoin fluctuating, while many altcoins are secretly accumulating and actively pushing the prices up underneath. But the difference is that some varieties have already entered the final acceleration phase to reach new highs, such as WLD and JTO, which have large gains when they surge but also fall back significantly. Another group of altcoins has just shown signs of starting up. Speaking of ONDO, from the daily chart, it has been moving within a downward channel, essentially digesting the huge trapped positions from earlier. Without a strong shakeout, it’s hard to take off. Once there’s an effective breakthrough later, it could trigger a large-scale rally. Overall, the altcoin market is expected to continue until July, but this wave of money is hard to grasp, as the volatility is too fierce. April serves as a warning lesson.

BTC-2.32%
WLD-3.89%
JTO-14.54%
ONDO-2.78%
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