📊 Altcoins Might Finally Be Ready... Many people may ignore this, but I've noticed something really important from an altcoin perspective.
We've been in a prolonged bear market for alts, yet despite Bitcoin's recent weakness, most quality alts have held up surprisingly well. That's a strong sign of relative strength. The biggest reason? BTC Dominance is weakening.
📉 For the first time since 2023, BTC Dominance has lost its 100-week EMA. Historically, this has been a positive signal for altcoins as capital starts rotating out of Bitcoin. I'm not calling for a full-blown alt season yet, but I do believe July could bring a mini alt season if this trend continues.
👀 Keep your watchlist ready. If BTC remains stable and BTC.D continues to weaken, quality alts could significantly outperform. July might be the month to print. 🚀
👁🗨🔻🔻Beijing just slammed the door on illicit cross-border stock trading—and the markets are feeling the burn. 📉 Over $1 BILLION fled Chinese equities today as a strict regulatory overhaul combined with underwhelming corporate earnings sent spooked investors rushing for the exits.
$BTC 🚨107 BITCOIN WORTH $8.3 MILLION JUST VANISHED FOREVER
Five long-dormant wallets suddenly transferred 107 BTC to a burn address yesterday, permanently removing roughly $8.3M worth of Bitcoin from circulation after sitting untouched for more than 11 years.
Destroying this much value in a single transaction is almost unprecedented in Bitcoin history.
PROTECT YOURSELF Open intrest extremely high!! Back to level when we had 10 October 20BILLION liquidation!! Stay safe this sort of open intrest mainly results in HUGE Capitulation event