Stocks have reversed, but $BTC is still falling. The bear market is here; speculative coins lead.
At this point, it seems there’s no opportunity to go long on core coins like BTC, ETH, and sol. We can only wait until the market has genuinely stabilized on positive news before entering, for example, after the MicroStrategy situation is settled on November 11.
Whenever the market turns bearish, a few highly volatile coins tend to emerge; failing that, altcoins may stage a major reversal or see modest gains. At present, one worth going long on or with short-term support is $KGEN (last night was the best entry). Based on its price action, it could see a decent rebound. Xiaohan opened a position in magic today and will close it tomorrow to switch into birb and give it a try.
The market is bearish for now, and the negative news is too heavy (especially tomorrow’s MicroStrategy situation). I don’t recommend trying to bottom-fish BTC or ETH. Just use low leverage to open positions in some altcoins with speculative-coin potential. #每周来晒 #美伊谈判出现新进展