two notable signs that traders need to be wary of following the latest price action.The altcoins went on a roll as well yesterday, many surging by double digits. Such was the case with Ethereum, which jumped from $1,350 to over $1,550. The latter became the asset’s highest price tag since the completion of the Merge, which turned out to be a sell-the-news event.
Most larger-cap alts have calmed now on a daily scale, with BNB, XRP, ADA, and SOL sitting with minor gains. The situation with Dogecoin is entirely different, though. The largest memecoinby over 20% in a day after Elon Musk decided to bring a sink into the headquarters of Twitter ahead of the acquisition deal.Most lower- and mid-cap alts trade quietly today without any substantial moves in either direction.