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Gate Square New & Returning Creator Rewards are ongoing!
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🚀 alts market analysis push 📊
Market Overview
The current altcoin market shows a divergent trend, with most mainstream alts experiencing a pullback in the past 24 hours 📉
Key focus on coins ⭐
• SOL: $181.94, 24h drop 5.84%, but 7-day increase 1.51%
• ADA: $0.899, 24h drop of 7.21%, 7-day surge of 13.56% 🔥
• LINK: $24.82, 24h slight increase of 0.66%, strong rise of 16.04% in 7 days 💪
Technical signals 📈
Most alts show oversold conditions on the RSI indicator, and a divergence signal has appeared on the MACD. The reserves of ETH and BTC on exchanges have continued to decrease to the lowest levels since October 2022, suggesting a long-term bullish outlook 🎯
Risk Warning ⚠️
In the past 24 hours, $132 million in liquidations occurred, with short liquidations dominating. South Korea is set to introduce significant cryptocurrency reform policies, including a spot Bitcoin ETF framework 🌟
Operation Suggestions
Invest in quality alts at low prices, with a focus on the rebound opportunities of ADA and LINK 🎪
#主流币山寨币上涨 #MLP