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.
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.