Bitcoin Dominance Flies As Alts Die
Altcoins are riding the pain train to hell. As you can see, Bitcoin Dominance had one of its largest short term moves in history, spiking as high as ~64.50%. It is currently sitting at 61.71.%, as altcoins reel on the back of economic fears from Trump tariffs.
This is the highest level since 2020.
ETH dropped as much as 35% in a 24 hour period - proving I was very early to that trade. We will see if I was wrong in the coming months.
I bought more at $2,150. I also bought
BTC, 
SOL and SUI.
2.2B was liquidated from crypto markets on leverage - the most in 24 hours ever. More than covid. More than FTX.
Crazy.
This cycle is playing on hard mode - be careful out there
This is the highest level since 2020.
ETH dropped as much as 35% in a 24 hour period - proving I was very early to that trade. We will see if I was wrong in the coming months.
I bought more at $2,150. I also bought
BTC, SOL and SUI.2.2B was liquidated from crypto markets on leverage - the most in 24 hours ever. More than covid. More than FTX.
Crazy.
This cycle is playing on hard mode - be careful out there
scott.melker@texaswestcapital.com
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
scott.melker@texaswestcapital.com
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.