The cryptospace is currently bearish at the moment as majority of the coins are all in their downward trend. This is the best time to buy altcoins, memcoins in the market According to Bullish Banter, a Binance crypto expert, he gave analysis as follows:
''The cryptocurrency market is experiencing a downward trend, with all listed coins showing negative sentiment. The top hot coins like BNB, $BTC , ETH, SOL, $PEPE , XRP, and DOGE have all recorded declines in their prices.
BNB stands at $565.5, down by 0.62%, while BTC is at $63,922, a decrease of 0.52%. ETH has fallen by 1.09% to $3,134.63, and SOL has dropped significantly by 5.12% to $160.48.
Similarly, PEPE and XRP have declined by 5.67% and 7.25% respectively, with PEPE at $0.00000998 and XRP at $0.5645.
The new listings also reflect this negative trend. LISTA is down by 9.99% to $0.4629, $BANANA by 8.83% to $44.90, and ZRO by 9.08% to $3.837.
Other new listings such as IO, NOT, BB, REZ, OMNI, and TAO have also experienced drops ranging from 3.95% to 11.63%. This broad-based decline across both established and newly listed coins indicates a pervasive negative market sentiment.
Traders should approach with caution, considering potential support levels and being vigilant for any signs of market recovery"
Everyone who anticipated trading should either hold funds in USDT or simply invest and wait till the crypto market rebounds back and the bull run goes live. At the moment, the best advice is to invest, invest and invest.
#Write2Earn! #bitcoin☀️ #altcoins #BinanceTournament #BullBanter
No comments:
Post a Comment