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Altcoin Pain and an Ergo Mining Anomaly — Watch BTC

I see the chat dominated by frustration as dips trigger a wave of complaints rather than constructive strategy. Most participants expect more downside, and sentiment around many altcoins is clearly negative.

I note a concerning Ergo mining anomaly — one user reported 12 coins from a single GPU in a day and unusually high block fees with funds flowing to exchanges — which could be a technical glitch or exchange/movement signal. Kaspa and Notcoin are under pressure, and some suspect Ethereum hype is being used to distribute positions.

Bitcoin is the lone bright spot in discussion, with a view it could be bought back toward 120+ by the weekend, but I’d remain cautious and watch for confirmation before acting.

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Analysis

The chat reflects broad risk-off behavior: altcoins are weakening, anecdotal signs of anomalous Ergo mining and high fees hint at atypical network or exchange activity, and sentiment is skewed toward ...

Recommendation

Watch the market: avoid new altcoin buys, monitor Ergo on-chain/exchange flows for confirmation of the anomaly, and wait for clear BTC confirmation before re-entering aggressively.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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