The big plunge on the 19th wiped out the liquidity of many altcoins' longs, but interestingly, some strong sectors have already started to recover after the sharp drop. Especially in the RWA sector, which has clearly shown an independent trend, while other sectors remain sluggish.
From the market perspective, most altcoins responded quickly, with increased volume at low levels. The wave of liquidation on the 19th actually locked in the market bottom more firmly, as many coins were already at relatively low positions. In this situation, when the market rebounds later, the first to surge should be the RWA sector.
If you want to bottom fish in altcoins, focus on the leading RWA projects. PENDLE is currently at 1.997, which is a good entry point. Also check out FF, currently quoted at 0.083, and EPIC around 0.58. These three coins are worth adding to your watchlist.
Additionally, a note on PHB, which exhibits typical pump-and-dump characteristics. If you plan to participate, remember to control leverage and position size to avoid getting wrecked.
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BuyTheTop
· 10h ago
RWA this wave is indeed fierce, while other coins are still sleeping. This washout actually created an opportunity.
PENDLE at this price looks good, but that PHB thing... the manipulation is too obvious, better to avoid if possible.
FF and EPIC are also being observed, but still need to wait and see, afraid of catching a falling knife.
This time the bottom is truly solidified. Once it rebounds, RWA will definitely lead the charge. As for the other trash coins, love them or hate them.
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MidnightGenesis
· 10h ago
On-chain data shows that PENDLE's chip distribution has indeed moved at the lower levels, worth monitoring late at night.
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MEVHunterLucky
· 11h ago
The wave on the 19th was indeed fierce, but honestly, RWA feels a bit like riding the coattails of the trend.
PENDLE is definitely worth watching at the crucial $2 level, but I have to question FF and EPIC.
Let's forget about PHB; I was scared off after being hammered on the last participation.
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Liquidated_Larry
· 11h ago
The wave on the 19th was indeed fierce; my long positions were directly wiped out, haha. But RWA is quite interesting; it feels like someone is quietly accumulating.
Should I buy PENDLE at 1.997? I have a feeling there might be another dip.
I'm staying away from coins like PHB; I've been hit once enough times.
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BackrowObserver
· 11h ago
The wave on the 19th was indeed fierce, but RWA is really interesting. I'm optimistic about PENDLE at this price level.
The big plunge on the 19th wiped out the liquidity of many altcoins' longs, but interestingly, some strong sectors have already started to recover after the sharp drop. Especially in the RWA sector, which has clearly shown an independent trend, while other sectors remain sluggish.
From the market perspective, most altcoins responded quickly, with increased volume at low levels. The wave of liquidation on the 19th actually locked in the market bottom more firmly, as many coins were already at relatively low positions. In this situation, when the market rebounds later, the first to surge should be the RWA sector.
If you want to bottom fish in altcoins, focus on the leading RWA projects. PENDLE is currently at 1.997, which is a good entry point. Also check out FF, currently quoted at 0.083, and EPIC around 0.58. These three coins are worth adding to your watchlist.
Additionally, a note on PHB, which exhibits typical pump-and-dump characteristics. If you plan to participate, remember to control leverage and position size to avoid getting wrecked.