Hello friends,
A quick follow-up to my previous BTC dominance analysis!
Remember when we talked about BTC at 54% and said 58% could be next?
Well, look where we are now - 60% dominance! Everything played out exactly as discussed.
What this means:
- We're deep in the "Alts Bleeding" phase
- The 50% danger zone is far behind us
- That 54% resistance? Completely crushed
- Next major target could be 65%
Real talk:
- This is NOT the time for alt trading
- Strong alts are barely keeping up with BTC
- Weak alts are getting destroyed
- BTC is the safest play right now
Keep it simple:
If you're still in alts, you might want to reconsider that position. BTC is showing who's boss ""Look at me, I'm the captain now"" , and fighting that trend is dangerous.
Previous analysis was spot on, and the trend is still strong. Sometimes the best trade is staying away from what's bleeding.
----------------
NFADYOR
----------------
GL & trade safe!
A quick follow-up to my previous BTC dominance analysis!
Remember when we talked about BTC at 54% and said 58% could be next?
Well, look where we are now - 60% dominance! Everything played out exactly as discussed.
What this means:
- We're deep in the "Alts Bleeding" phase
- The 50% danger zone is far behind us
- That 54% resistance? Completely crushed
- Next major target could be 65%
Real talk:
- This is NOT the time for alt trading
- Strong alts are barely keeping up with BTC
- Weak alts are getting destroyed
- BTC is the safest play right now
Keep it simple:
If you're still in alts, you might want to reconsider that position. BTC is showing who's boss ""Look at me, I'm the captain now"" , and fighting that trend is dangerous.
Previous analysis was spot on, and the trend is still strong. Sometimes the best trade is staying away from what's bleeding.
----------------
NFADYOR
----------------
GL & trade safe!
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Penerbitan berkaitan
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.