The market cap of Altcoins is currently facing a significant challenge in surpassing the
630 billion benchmark. However, a notable surge in Altcoin activity is expected once this level is breached. Notably, the current BTC dominance of 48% can be attributed to the fact that most ALTs have broken their BTC-pair support. Consequently, if BTC experiences a downturn, the ALTs will likely be adversely affected since they have limited support!
Therefore, it would be prudent to closely monitor the $630B mark if you are considering trading ALTs. A breach of this level could signal a favorable opportunity to enter the market. Still, it is crucial to stay vigilant and manage your risk accordingly, given the current market dynamics.
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Recent Altcoin trades:
ARB / USDT: 5% profit

DOGE / USDT: 20% profit

XRP / USDT: 9% profit

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Ongoing trades to keep an eye on:
DOGE / USDT: TP1 met and still going

XRP / USDT: TP2 met and still going

-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Therefore, it would be prudent to closely monitor the $630B mark if you are considering trading ALTs. A breach of this level could signal a favorable opportunity to enter the market. Still, it is crucial to stay vigilant and manage your risk accordingly, given the current market dynamics.
-------------------------------------------
Recent Altcoin trades:
ARB / USDT: 5% profit

DOGE / USDT: 20% profit

XRP / USDT: 9% profit

-------------------------------------------
Ongoing trades to keep an eye on:
DOGE / USDT: TP1 met and still going

XRP / USDT: TP2 met and still going

-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
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t.me/MBM_786kr 🎖
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🔥 Unlock Lifetime Access to the Premium Trading Group – Just $129 for a lifetime membership!
🎖Telegram:
t.me/MBM_786kr 🎖
📩 Interested in our Premium Group?
DM @MBM786kr on telegram for full details!
🎖Telegram:
t.me/MBM_786kr 🎖
📩 Interested in our Premium Group?
DM @MBM786kr on telegram for full details!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。