After the Fed’s interest rate decision last week, it rose above $ 29,000 and showed signs of recovery. Bitcoin’While investors were waiting for higher levels to come, it dropped to $ 27,200 with a sudden drop yesterday.
However BTC And Ethereum (ETH) While it managed to stay strong in a certain range, there were larger pullbacks in altcoins affected by the fall of BTC.
Popular cryptocurrency platform evaluating yesterday’s decline centiment He said that some altcoins give buying opportunities.
Tons of altcoinNoting that the coin has started to enter the opportunity zone, Santiment shared the altcoins that traders are in a particularly difficult situation and therefore think that they may reach the bottom soon.
Among these altcoins, the halving in August Litecoin (LTC) There is also.
Except Santiment LTC SRM, RAD, VIDT, HIGH He stated that altcoins named could also reach the bottom soon.
“Bitcoin and Ethereum managed to stay afloat in their respective ranges as altcoins continued to fall. In the meantime, we see that tons of altcoins are starting to move towards the opportunity zones.
Assets that traders are in a particularly difficult position to hit rock bottom in the near future include: LTC, SRM, RAD, VIDT, HIGH”
🫣 Ace #altcoins continue to flush while #Bitcoin & #Ethereum manage to stay afloat in their ranges, we see tons beginning to creep into opportunity zones. Assets where traders are in particular pain & may be bottoming out in the near future include $LTC, $SRM, $RAD, $VIDT, $HIGH. pic.twitter.com/rPy3lPUGJI
— Santiment (@santimentfeed) May 9, 2023
In the decline experienced yesterday, it fell to the level of $ 27,200. BTC At the time of writing, it continues to trade at $ 27,620.
*Not investment advice.
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