Good entry from these prices as I mentioned in my latest BTC TA
Quick information about the current market liquidity so you know what to do:
Bitcoin dominance: 49.15%
USDT+USDC dominance: 11%
Ethereum dominance: 20.66%
BNB+XRP dominance: 6%
Total dominance: Approximately 90%
This means that liquidity for all other currencies is less than 9% of the total market cap, which is 1 trillion dollars. It is wise to hold onto your coins in this situation or enter a long trades because there is a high probability of other currencies experiencing a significant price increase from their current levels. Just make sure to manage your capital wisely.
Best of luck! 🌷
Bitcoin dominance: 49.15%
USDT+USDC dominance: 11%
Ethereum dominance: 20.66%
BNB+XRP dominance: 6%
Total dominance: Approximately 90%
This means that liquidity for all other currencies is less than 9% of the total market cap, which is 1 trillion dollars. It is wise to hold onto your coins in this situation or enter a long trades because there is a high probability of other currencies experiencing a significant price increase from their current levels. Just make sure to manage your capital wisely.
Best of luck! 🌷