Analysis: The 30-day average trading volume of the counterfeit coin has fallen below the annual average level, entering the buying range
CryptoQuant analyst Darkfost suggests investors consider implementing a Dollar-Cost Averaging (DCA) strategy on altcoins. He points out that we have now entered the buying range, which is defined by the 30-day moving average trading volume being lower than the annual average. The last time this situation occurred was in September 2023, after the end of the bear market. Such stages could last several weeks or even months and historically have always provided good opportunities to set up DCA strategies.
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
Overview of Key Overnight Developments on May 12
The probability of the Federal Reserve keeping rates unchanged in June is 82.7%
In the past 24 hours, ETH liquidations reached $180 million, surpassing BTC
US Treasury Secretary: Substantial Progress Made in Trade Talks with China
Trending news
MoreCrypto prices
More








