First of all, I'm talking about the altcoin market as a whole, not a specific new coin or a specific 2x coin.
Yesterday, the downward trend of altcoin was caused by the entire market's fear of BTC forming a double top structure, which led to a direct downturn and a downward trend caused by risk aversion.
The altcoin fell down in the early morning today, because after breaking through 95000, it pulled back to 93700BTC, and then followed the fall, so it fell down.
This morning, the downward trend of altcoin was caused by the upward movement of BTC breaking through 95000 and reaching 97000, which resulted in a downward trend caused by the profit-taking during the process.
And now, BTC surged to 97000, but failed to break through. If it doesn't continue to push upwards, it will probably find a place to move sideways. Where is this place? It won't fall too deep. It's about 2000 points. If BTC continues to push up, then continue to suck blood.
So this 2000-point drop is also a drop in altcoins, but funds have started to shift from BTC to some leading coins in certain zones, causing these coins to experience a downward movement. And for the other less significant altcoins, they are actually still experiencing a downward trend during this 2000-point drop.
So this morning only gave a WIF 3.1 in, because this is a leader. After giving it, it rose a bit, and then it came down again. When it's near your cost, you should leave first. You can't trap it, right?

In this range of 2000 points, it is actually a downward movement. During this downward movement, we are observing but not entering. After the downward movement ends, there is a slight rise in the Sideways phase. Then, we enter the market. Please note that this entry is just a test. Also, consider whether the Liquidity in the afternoon is still abnormal like yesterday afternoon.
By six or seven o'clock in the afternoon until ten o'clock in the evening, it should rise a bit. The U.S. stock market opens at half past ten in winter time. In the early stage of trading, it will be volatile until around ten to twelve. As long as it holds steady, altcoin should experience at least a small rise. At this point, some American investors will start pushing for a significant rise in coins.
I hope that you don't come looking for me afterwards because you find it difficult to understand, saying that I'm not clear. Do I really need to speak? If I talk too much, some people will look down on me because of it. They say I'm rubbish, but truly amazing people don't always talk so much.

Did someone tell you that they brought Spot and ran away?