Pentoshi, a crypto currency strategist Pentoshi, who successfully envisaged the summit of the crypto currency cycle in 2021, said there was a short -term recovery in the Altcoin market. Pentoshi transferred market observations to his followers via social media and said that he diversified his portfolio and observes recovery signals. In particular, the strategist, which draws attention to the technical indicators in the market, presented investors important clues to risk management and trend tracking.
Market value and technical levels stand out
Pentoshi shared his analysis of the general course of the crypto money market. In particular, he drew attention to the total market value of all assets, except for stable crypto currencies, called “Others ve and the largest crypto currencies. The total market value of this index is around 270 billion dollars.
According to the technical analysis of the strategist, the Others index may decrease to a support level of $ 247 billion in the short term. However, with a strong recovery from this level, it has a rise potential towards $ 280 billion. This analysis indicates that despite the wavy course of the market, it may tend to recover.
Pentoshi also shared his predictions about the Layer-1 protocol Injective (Inj). Stating that Injective has found a strong support of $ 14, the strategist expects to continue the upward movements from this level. According to observations, Injective is currently exhibiting significant daily rise rates.
Critical tips for investors and long -term vision
Pentoshi’s evaluations are an important guide for investors who want to understand market dynamics. The strategist emphasizes that considering long -term trends rather than short -term price fluctuations will be a healthier strategy.
Especially Bitcoin 
$98,174.7He thinks that his continuation of accepted on a global scale and the growth of the stable crypto currency market may be positively reflected in the general market appearance. It draws attention to the importance of focusing on projects with long -term growth potential instead of humorous or themed crypto currencies.
To closely follow technical indicators and give importance to risk management, stands out among Pentoshi’s suggestions. Despite the current fluctuations of the market, the balancing process may accelerate and opportunities for long -term investments may occur.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.
