🟠 Bitcoin dominating or paving the way for Altcoins? | Beware of the volatility 🚀
The market is at a critical point. Bitcoin ($BTC ) has shown strong resistance, but the dominance is putting pressure on the Altcoins.
Historically, when BTC stabilizes after a sharp movement, capital flows into Seed Label projects and lower-cap coins. However, the global volume has decreased by 10% in the last 24 hours, suggesting that whales are waiting for a larger movement.
AT THIS MOMENT:
• Do not chase green candles: Liquidity traps are the order of the day.
• Watch the RSI: Many coins are in overbought territory on 1H timeframes. 🔔
• Patience: If you do not see a clear entry according to your strategy, the best trade is to stay in USDT. 💵
What are you all trading today? Are you accumulating or waiting for a deeper correction? I read you!
Monitor the market in real-time down here! 👇
$BTC / $BNB / $ETH
#bitcoin #CryptoNews #MarketAnalysis #Trading #Write2Earn
The market is at a critical point. Bitcoin ($BTC ) has shown strong resistance, but the dominance is putting pressure on the Altcoins.
Historically, when BTC stabilizes after a sharp movement, capital flows into Seed Label projects and lower-cap coins. However, the global volume has decreased by 10% in the last 24 hours, suggesting that whales are waiting for a larger movement.
AT THIS MOMENT:
• Do not chase green candles: Liquidity traps are the order of the day.
• Watch the RSI: Many coins are in overbought territory on 1H timeframes. 🔔
• Patience: If you do not see a clear entry according to your strategy, the best trade is to stay in USDT. 💵
What are you all trading today? Are you accumulating or waiting for a deeper correction? I read you!
Monitor the market in real-time down here! 👇
$BTC / $BNB / $ETH
#bitcoin #CryptoNews #MarketAnalysis #Trading #Write2Earn