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
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%