BTC in the lead 43k target hit, alts still lagging and BTC dominance pumped to new local high at 55% probably 57% in sight.
Alts wont pump much until
BTC calms the fuck down.
ETH has a lot of explaining to do. The longer
BTC pumps and
ETH stalls the harder
ETH will pump imo.
More money in
BTC means more money that will trickle down into
ETH and altcoins eventually.
Meanwhile Crypto Total Marketcap pumped up to 1.55 Trillion but Altcoin Marketcap excluding
BTC
ETH still at 427 billion, it has barely moved and the difference is obvious on the charts.
Yes alts lagging and some dipping, its just a perfect opportunity for dip slurping imo.
Everyone is very bullish, greed is high, I derisked more by selling some $ETH. Im holding all my alt positions but have more stablecoins now.
Obviously have no idea what is gonna happen so wanna be ready for both scenarios.
Alts wont pump much until
More money in
Meanwhile Crypto Total Marketcap pumped up to 1.55 Trillion but Altcoin Marketcap excluding
Yes alts lagging and some dipping, its just a perfect opportunity for dip slurping imo.
Everyone is very bullish, greed is high, I derisked more by selling some $ETH. Im holding all my alt positions but have more stablecoins now.
Obviously have no idea what is gonna happen so wanna be ready for both scenarios.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.