Opinion: Mainstream coins may move sideways, Meme coins are expected to rise
According to Shenzhen TechFlow, crypto trader Ansem said that mainstream coins may continue to trade sideways, while Meme coins are expected to rise. Ansem mentioned that Ethereum ($ETH) currently has a clear hedging short strategy, and if the price breaks $4100 on a weekly basis, the market may rise significantly. Otherwise, the market is expected to continue to fluctuate, forcing bulls to close their positions and leave.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fourth attempt finally approved! Brookfield (BAM.US) acquires Australian pipeline products manufacturer RWC for $2.9 billion, a 32% premium
Brookfield Asset Management has agreed to acquire Reliance Worldwide Corp. in an all-cash deal, valuing the Australian plumbing products company at approximately 4.1 billion Australian dollars (about 2.9 billion US dollars).
Spot Gold Surpasses $4,300 per Ounce, Up 0.16% for the Day
Hyundai Mobis' Earnings Could Be Dragged Lower by Stronger Won -- Market Talk
Japan Capex Outlook Solid on AI Demand, Economic Policy Hopes -- Market Talk
Crypto prices
More
