The US market has spoken.
Interestingly, this morning BTC isn't trading above 117k—far from it.
ETH has fully recovered, LTC is nearing pre breakdown highs, SOL is lagging, XRP has reclaimed last Fridays levels and BNB is far from it.
It's a bit of a mess.
BTC stands out, either about to surge 2k to catch up or something else.
The easy trade today on LTF was buying BTC,ETH <insert any shitcoin> when Nasdaq futures opened.
The hard trade is determining during Asian trading on a Monday whether this is a dead cat bounce. I prefer not to rely heavily on today's session; trade what you see, but the US session ultimately decides the direction.
19.01K
43
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.