The recent rise in the Altcoin market, although some investors hope, experienced market analysts should be cautious, he says. An experienced crypto currency investor, known as The Flow Horse, stressed that the general market structure is still tending to decline and that this rise could only be a short -term relief. The analyst points out that negative signals continue especially in high -time periods. Bitcoin $88,271.04The failure of permanence in certain price zones supports these views.
The analyst’s evaluations contain important warnings for crypto currency investors. The general course of the market and the technical appearance still remain uncertain despite the short -term rise. Experts say that care should be carefully and the market dynamics should be followed closely.
“This rise is just a temporary breathing”
The Flow Horse said that the crypto currency market is still under pressure. Uz We still tend to decline in the high time period. These words of the analyst are considered as a warning against many investors.
Pointing out that a permanent change in the market structure has not yet realized, the expert says that such rise can create a false sense of trust in investors. The opinion that the sudden jumps seen in Altcoins is not sustainable may be important for investors engaged in short -term transactions. For this reason, it is emphasized that it should be acted without ignoring the aspect of the market.
If Bitcoin cannot test the critical area, it may decline
Analyst said that if Bitcoin does not turn the price range between $ 90,000 and $ 93,000 into a support zone, the decline in the crypto currency market may continue. Bitcoin is traded at approximately $ 87,813 at the time of writing. This shows that the market has not yet settled on a safe ground. According to The Flow Horse, the recovery is another element that should be considered, not at the price.
These statements indicate that crypto currency investors may face harsh movements in the coming days. Expert, in his sharing on Telegram, especially some Altcoins will continue to monitor closely and sudden trend changes may be experienced, he said. When technical indicators and market psychology are evaluated together, serious question marks occur on the permanence of the existing rise.
The market should be uncertain, investors should be on alert
Although this short -term rise in the crypto currency market is seen by many investors as “relief ,, the general course is still downward. Experienced analysts such as The Flow Horse warn that such temporary movements can be deceptive. Analysts, who stated that the basic indicators that will signal the long -term rises have not yet been formed, recommend be cautious.
In this process, where sudden price movements are dominant, it is important for investors to avoid making emotional decisions and reconsider their positions according to market data. Therefore, knowing that every ascension movement does not mean trend change and taking strategic steps can be the key to surviving in this uncertain environment.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
