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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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#比特币市场分析# This market adjustment is indeed a headache. Watching Bitcoin fall to $112,000, the alts have not taken the opportunity to rebound, and many people are starting to doubt whether the altcoin season will come. I think it's too early to draw conclusions; the market is in a delicate balance.
According to the report from Bitfinex analysts, speculative enthusiasm is indeed cooling down, possibly entering a consolidation period. However, analyst Ted believes this is a good opportunity to accumulate practical altcoins. Both viewpoints have merit, and it largely depends on subsequent macro events and ETF capital flows.
My strategy is to stay vigilant but not entirely pessimistic. I will continue to pay attention to several altcoin projects with high trading volumes and good technical aspects, while moderately allocating some positions. At the same time, I need to keep an eye on Bitcoin's trends, as it is still the market's barometer. Remember, the market is never short of opportunities; the key is to control risks and patiently wait for the best entry point.