There Altcoins are sitting at strong buying zones :
→ $TEL | @telcoin
→ $SUI | @SuiNetwork
→ $ONDO | @OndoFinance
Alts are bleeding so what's positive?
- Price is at the same support at June lows.
- Momentum still oversold on daily timeframe.
- Higher low on RSI confirms a new uptrend.
In the last few days, we have seen a lot of posts around
THIS IS OVER , CRYPTO IS DONE, ITS A BEAR MARKET
Guess what?
It is definitely not over until the long term structures stay bullish.
Stocks and Gold are outperforming Alts and Bitcoin but it doesn't mean that interest won't come to these assets.
Fed injected a liquidity of $29B into the banks recently and this buying potential is going to hit oversold assets and not the markets where Euphoria mode is on
Smart money will always see potential, the ones who don't make it will find many reasons to not believe.
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