This summary text is fully AI-generated and may therefore contain errors or be incomplete.
The cryptocurrency market has been experiencing a period of sideways movement, with altcoins struggling to maintain their upward momentum due to weakening demand at higher price levels.
Altcoins’ Upward Momentum
Despite hitting new highs, many altcoins have been unable to sustain their upward momentum, leading to a trend of sideways trading.
MEW, WIF, HNT, CORE, and AR have all faced challenges in sustaining their price levels, with varying degrees of market capitalization and trading volume.
Market Sentiment
While some altcoins have shown signs of potential recovery, the overall market sentiment remains cautious.
Investors and traders are advised to conduct thorough research and analysis before making any investment decisions in the current market environment.
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